PROTECTED SOURCE SCRIPT

USD Volume

Atualizado
A volume tool but the candles represent Volume in USD Format which is usually

here are some examples of what the numbers represent on the right-hand side.

.01 = $10,000
.5 = $500,000
1 = $1,000,000
50 = $50,000,000
250 = $250,000,000
1000 = $1,000,000,000

The lower line is the "Average Volume" based on lifetime history. Anytime volume is below average, this likely denotes most people have capitulated or the markets have grown bored at these price ranges. A squeeze in volume primes the asset for a big move.

The upper line is the 3rd standard of Deviation from the average line. Anytime volume touches that line or goes higher, this denotes its a very big move relative to how the asset typically trades. If the volume stays above this range for an extended period of time, it would be wise to watch the chart closely and start taking profits off the table whether you're shorting or longing the asset.
Notas de Lançamento
Added:
1. Feature to Choose Average Volume line over a Specified Period
2. Label at the end of the volume that denotes the last period's volume

Changed:
The colors of the Average Line.
White = Increasing Volume
Blue = Decreasing Volume
Notas de Lançamento
Added:
1. Choose periods you want your average volume to show.
2. A label to the right of the latest volume bar to show the USD Value

Changed:
Colors of average line.
White = Volume increasing
Blue = Volume decreasing

Top white line = 3rd standard of deviation from the average
Volume IndicatorvolumeanalysisVOLUMEBREAKOUTvolumeindicatorvolumesvolumespikeVolume

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