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Best Volume Indicator - BTC

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In order to make more sense of trading volume in crypto …

Based on the Better Volume Indicator (curtesy of Emini-Trading (emini-watch.com/free-stuff/volume-indicator/) and the TradingView Adaption by LazyBear (tradingview.com/v/LfVJhuir/).

My tweaks/adaptations:
- altered the calculation of low volume (c11) in the LB adaptation since it represents the original code better (in my opinion)
- takes volume of multiple exchanges into consideration
- added standard-deviation bands in order to identify peak amount of trading volume
- added three EMA's in order to assess the amount of trading volume even better
- changed the color coding of the original Better Volume Indicator (my preference)
volume climax up = green (instead of red)
volume climax down = red (instead of white)
low volume = yellow
churn = blue (instead of green)
climax + churn = purple
"normal" volume = gray (instead of cyan)
Nota Keluaran
Adapted the Volume Sources;
removed the "EnableBarColor" option

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.