OPEN-SOURCE SCRIPT
Volume Candle Coloring v5 (BARCOLOR STABLE)
Volume Candle Coloring v5 (Barcolor Stable) is a TradingView indicator that dynamically colors price candles based on relative volume intensity and candle direction.
The indicator compares the current volume to a moving average of volume and classifies it into five distinct levels: Low, Normal, High, Extreme, and Ultra. Each level is mapped to a clear, stable color scheme, ensuring excellent readability and no repainting or color flickering.
Bullish and bearish candles are colored separately, allowing traders to instantly identify:
Strong buying pressure
Strong selling pressure
Volume exhaustion
Low-interest / ranging conditions
The color priority is strictly ordered to guarantee stable bar coloring across all market conditions.
🔧 Key Features
Volume-based candle coloring using a moving average reference
Five volume intensity levels (Low → Ultra)
Separate color sets for bullish and bearish candles
Stable barcolor logic (no repainting, no shifting)
Fully customizable volume thresholds
Works on all markets and timeframes
🎯 Use Cases
Identify high-conviction breakouts
Spot volume climaxes and exhaustion
Confirm trend strength
Improve price action and volume analysis
⚙️ Inputs
Volume MA Period
Low / High / Extreme / Ultra volume multipliers
The indicator compares the current volume to a moving average of volume and classifies it into five distinct levels: Low, Normal, High, Extreme, and Ultra. Each level is mapped to a clear, stable color scheme, ensuring excellent readability and no repainting or color flickering.
Bullish and bearish candles are colored separately, allowing traders to instantly identify:
Strong buying pressure
Strong selling pressure
Volume exhaustion
Low-interest / ranging conditions
The color priority is strictly ordered to guarantee stable bar coloring across all market conditions.
🔧 Key Features
Volume-based candle coloring using a moving average reference
Five volume intensity levels (Low → Ultra)
Separate color sets for bullish and bearish candles
Stable barcolor logic (no repainting, no shifting)
Fully customizable volume thresholds
Works on all markets and timeframes
🎯 Use Cases
Identify high-conviction breakouts
Spot volume climaxes and exhaustion
Confirm trend strength
Improve price action and volume analysis
⚙️ Inputs
Volume MA Period
Low / High / Extreme / Ultra volume multipliers
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.
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
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.
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.