Volume Z-Score Bar Color

13 Eyl

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 Eki

Sürüm Notları

Updated option to chose median or mean as the averaging calculation

10 Eki

Sürüm Notları

Added volume bars that change colors along with the chart.

11 Eki

Sürüm Notları

Code clean up.

13 Eki

Sürüm Notları

Updating formatting to condense the volume scale