OPEN-SOURCE SCRIPT

Volume x Price

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This indicator displays the traded volume weighted by the closing price of each candle. It's useful for visualizing the intensity of capital movement in the market, beyond traditional volume.

Calculation: Volume × Closing Price

Display: Column-style histogram

Coloring:

🟩 Green if the session was bullish (close > open)

🟥 Red if the session was bearish (close < open)

Ideal for spotting high-activity zones with directional bias. It complements classic volume analysis and helps identify strong capital inflows or outflows.

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.