Just a simple script that tweaks the original Volume one. The purpose is creating a threshold which we'll use to put an alert on. This way, we can be notified whether Volume pumps. Useful for spotting breakouts, breakdowns and pumps. Threshold is simply a coeff * ma(volume,period). Coeff is editable as well. Hope this helps!
Bars of largest range (volatility) * see moments of strongest price action immediately * colored & upDown by candle color * amplifier: you see only the bull runs, and subsequent dumps Very nice on the 5 years scale of BITSTAMP:BTCUSD - nothing comparable to 2013 has happened yet. Internals: squared_range = pow(high-low, 2) That is...
**You must enable bar colors in the options for the script if you wish to see them** This indicator is very useful for spotting trends / tops / bottoms. This is the ultimate altcoin pump spotting tool. Use on higher timeframes for greatest accuracy. If altcoin is newish (ZEC for example), try 4h rather than 1D or 3D. Green = Uptrend Red = Downtrend Gray =...