Logarithmic Volume

20 thg 11, 2019

In volatile markets, normal indicator suffer from volume spikes that make the rest of plot seem non-existent.
Using logarithmic exponent, this indicator normalizes the volume, so this makes it easier to read.
The obvious drawback is that it does not display the actual volume amount, only a relative value.

20 thg 11, 2019

Phát hành các Ghi chú

Included the original volume indicator in the screenshot so you can see the difference.

20 thg 11, 2019

Phát hành các Ghi chú

Fixed incorrect bar colors, note: it's actually intended to be green on rising volume and red on declining volume.

5 thg 12, 2019

Phát hành các Ghi chú

I found the way to include the original volume data on the chart!
The actual volume is being divided by a large number, so it doesn't break the chart.
The outcome value is small and transparent, yet it's still printed on the chart.
In this example it is divided by 1000000 or one million bitmex contracts.