OPEN-SOURCE SCRIPT

Volume x Price

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This indicator displays the traded volume weighted by the closing price of each candle. It's useful for visualizing the intensity of capital movement in the market, beyond traditional volume.

Calculation: Volume × Closing Price

Display: Column-style histogram

Coloring:

🟩 Green if the session was bullish (close > open)

🟥 Red if the session was bearish (close < open)

Ideal for spotting high-activity zones with directional bias. It complements classic volume analysis and helps identify strong capital inflows or outflows.

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