Volume Z-Score Bar Color

13 thg 9

A simple script help you identify significant upticks in volume for a particular candle.

Using the standard z-score calculation you can change the bar color based on the user selected standard deviation range.

Calculation
z = (x - μ) / σ, where:
z: is the z-score
x: is the current volume
μ: is the mean volume
σ: is the standard deviation

Options include setting the bottom and top end of the deviation range. This will allow you to see a moderated uptick in volume as well as an extreme uptick. You can also choose the colors for the moderate bull/bear volume and extreme bull/bear volume.

10 thg 10

Phát hành các Ghi chú

Updated option to chose median or mean as the averaging calculation

10 thg 10

Phát hành các Ghi chú

Added volume bars that change colors along with the chart.

11 thg 10

Phát hành các Ghi chú

Code clean up.

13 thg 10

Phát hành các Ghi chú

Updating formatting to condense the volume scale