Indicators: Volume Average - page 2

 
Cazz223 #:

Hello

Does anyone know what the colours represent?

Kindly share please.

Thank you

The green bars show volume that is higher than both the average volume as well as the breakout level which can be defined in the settings and the candle that produced the volume closes bullish.

The red bars require the same two things, but the candle must close bearish.

The light green and orange bars show lower than average volume for both bullish and bearish candles respectively.

 
Thank you so much Mladen.
 
This is great indicator, It would be even better if you help us set up notifications for this indicator. Have good day, mladen. You are a good guy!!
 
Azham Zainal #:

Các thanh màu xanh lá cây cho thấy khối lượng cao hơn cả khối lượng trung bình cũng như mức đột phá có thể được xác định trong cài đặt và nến tạo ra khối lượng đóng cửa tăng giá.

Các thanh màu đỏ yêu cầu hai điều tương tự, nhưng nến phải đóng giảm giá.

Các thanh màu xanh lá cây nhạt và màu cam cho thấy khối lượng thấp hơn mức trung bình cho cả nến tăng và giảm tương ứng.

That is good answer. Thank you and have a good day!

 

@Mladen Rakic, you are the gifter that keeps on giving. Thanks a million for posting your source code. It is a 99% solution for what I've been trying to code.

For CME Futures traders, I've attached a slightly modified version for futures real volume that still has the option to use forex tick volume. It allows a separate or custom symbol to be entered as a BaseSymbol. Generally mini, micro, or nano futures contracts on a centralized exchange have less volume than their respective standard contracts on the same exchange. Therefore, standard volume controls all price action. This version allows the heavier volume to show on mini, micro, or nano contract charts.

I reserve no copyright for such a small edit. All copyright remains reserved by Mladen Rakic.