OPEN-SOURCE SCRIPT
Volume Oscillator Refurbished
This is an experimental version of Volume Oscillator.
For more information about Volume Oscillator, please access the link below:
tradingview.com/chart/?solution=43000591350
Objective
The script presented here provides some improvements over the original indicator, namely:
Below is the print comparing with the original indicator:
Thanks and credits:
Volume Oscillator: TradingView
Moving Averages: PineCoders, CrackingCryptocurrency, MightyZinger, Alex Orekhov (everget), alexgrover, paragjyoti2012, Franklin Moormann (cheatcountry)
For more information about Volume Oscillator, please access the link below:
tradingview.com/chart/?solution=43000591350
Objective
The script presented here provides some improvements over the original indicator, namely:
- Show multiple moving averages;
- Color the bars according to the direction of the averages;
- Color the bars when reaching predefined limits.
Below is the print comparing with the original indicator:
Thanks and credits:
Volume Oscillator: TradingView
Moving Averages: PineCoders, CrackingCryptocurrency, MightyZinger, Alex Orekhov (everget), alexgrover, paragjyoti2012, Franklin Moormann (cheatcountry)
Release Notes
1. Improved texts
2. Fields aligned
2. Added background option
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.