Large volume indicator to show the price above/below

Large volume is meaningful that usually the current price above the highest price of the bars with largest volume usually means uptrend in the short-term.
In the opposite, below it means downtrend.
I coded this indicator to save the efforts to compare it, make it easily to tell the uptrend/downtrend by above/below and color.
Hope you guys enjoy it, and welcome to comment.

The Inputs:
Length:the largest volume of bars of the total bars numbers.
Color:the above/below colors.
Text:Remind this line is large volume R/S.

You can find the video tutorial in my ideas sharing.

Nota Keluaran

Hi,Guys,
According to feedbacks of invisible,

1.I move the label to the right.
2.The background color of label can be self-defined.
3.Make the line thicker.

Thanks for comment and share how you feel when using it.

Nota Keluaran

Hi,guys,
According to feedback of indicator, some modified functions as below:
1.Self-defined extend the line to the left largest volume bar or not.(Default is yes)
2.Self-defined the width of line (1-4) to be visible.(Default is 1, thinnest)

Hope you guys enjoy it, and welcome to leave your comments below.
Thanks.

Skrip sumber terbuka

Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.

Quant_David

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Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

Skrip sumber terbuka

Quant_David

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