liquidity volume

just like volume, this indicator shows how much in dollars were traded in millions.

Catatan Rilis

made the volume bars represent colors based on bearish or bullish movement

Catatan Rilis

added a mean (average) to the script.

Catatan Rilis

added a 3rd standard deviation to the indicator. a 3sd occurrence has a 0.2% chance of occurrence on a statistical standpoint. but when it comes to markets it happens more often. nonetheless, a 3sd alert can signify a major market movement due to increase of activity of dollars going in or out of that asset you are observing. P.S.A. go on settings, under style tab, change the "price line" to a histogram.

Catatan Rilis

changed the plotted liqudity to a column

Catatan Rilis

when the line is purple that means that liquidity is going down. when the line is white that means liquidity is going up

Catatan Rilis

ive made improvements on the script. easier to use and read

Catatan Rilis

made a little bit more modification

Catatan Rilis

you can switch from representation of liquidity and equity. equity is just normal volume

Catatan Rilis

we have added a new stat. you can see how much volume has increased/decreased from the previous bar in percentage

Catatan Rilis

modified the separation of labels so no overlapping occurs

Catatan Rilis

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Skrip open-source

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

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Pernyataan Penyangkalan

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Skrip open-source

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