OPEN-SOURCE SCRIPT

Volume moving

By MaleeshaGamage
Use with cryptocurrencies only is highly recommended.
If the volume in a currency is not visible, adjust the "Factor" number higher in the "Inputs" tab.
.
There will be a noticeable jump in the scale of the indicator if it is set too high.
The "Factor" is scaled at a baseline for SHIB prices. Any lower price scales than SHIB's will not show the volume.
i can be recommended this indicator day chart and use 20 moving average for this
Positive Volume Index (PVI)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer