DepthHouse Better Volume
The brighter colored bars signal strong buying or selling pressure in the market based on the volume.
The small lines within the columns represent the duration of this increased buying and selling volume.
This calculation is based on negative and positive volume flow. These variables are based on the moving average length, type, and percent change.
All of which are user defined.
DepthHouse Better Volume also changes how each bar color is calculated. The traditional calculation is dependent on the open and close of the candle. Whereas this volume indicator calculates the displayed color based on the position of the bar relevant to the last.
The user has the option to turn this feature on or off.
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact oh92 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
↣ depthhouse.com/
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact oh92 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
↣ depthhouse.com/