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Volume Candle Coloring v5 (BARCOLOR STABLE)

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Volume Candle Coloring v5 (Barcolor Stable) is a TradingView indicator that dynamically colors price candles based on relative volume intensity and candle direction.

The indicator compares the current volume to a moving average of volume and classifies it into five distinct levels: Low, Normal, High, Extreme, and Ultra. Each level is mapped to a clear, stable color scheme, ensuring excellent readability and no repainting or color flickering.

Bullish and bearish candles are colored separately, allowing traders to instantly identify:

Strong buying pressure

Strong selling pressure

Volume exhaustion

Low-interest / ranging conditions

The color priority is strictly ordered to guarantee stable bar coloring across all market conditions.

🔧 Key Features

Volume-based candle coloring using a moving average reference

Five volume intensity levels (Low → Ultra)

Separate color sets for bullish and bearish candles

Stable barcolor logic (no repainting, no shifting)

Fully customizable volume thresholds

Works on all markets and timeframes

🎯 Use Cases

Identify high-conviction breakouts

Spot volume climaxes and exhaustion

Confirm trend strength

Improve price action and volume analysis

⚙️ Inputs

Volume MA Period

Low / High / Extreme / Ultra volume multipliers

Aviso legal

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