OPEN-SOURCE SCRIPT
Realtime Volume Checker : reloaded
the main rules are in version 1.0 of this indicator, here: https://www.tradingview.com/script/Emhivzw7-Real-Time-Volume-checker/ and they provide useful info to make sense of the indicator
two important improvements:
1 - the candle period is now provided in minutes
2 - the volume MA size does not make an average abymore, now IT CHOOSES the highest value in the range. this provides less, but more significant signals.
two important improvements:
1 - the candle period is now provided in minutes
2 - the volume MA size does not make an average abymore, now IT CHOOSES the highest value in the range. this provides less, but more significant signals.
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.