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Candle Volume (Alender)

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Candle Volume by Alender is an indicator that changes the color of candles depending on the volume.
If you use VSA (Volume Spread Analysis) - this indicator will allow you to quickly assess the market situation.

For plotting, a moving average by volume for the specified period is used. Volume/Average * 100 - percentage of the current volume from the average.

* If the current volume is less than the average - the candle will be proportionally (0-100%) lighter than red (for bearish candles) or green (for bullish candles). For 0% - the candle is as light as possible.

* If the current volume is greater than the average, the candle will be proportionately (100-400%) darker than red (for bearish candles) or green (for bullish candles). For 400% and more - the candle is as dark as possible.

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.