pigloo

[PW] Volume Standard Deviation

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Here is a nice little script that highlights areas of volume using standard deviation, you can choose the look back periods.

This script is based on the excellent script by: @SteynTrade -

I have simplified it a bit and made it readable to my taste using alpha to highlight high volume areas.

Enjoy.
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Fantastic! Thanks for your excellent work.
Jawab
So the highlighted volume bars suggest that the volume was outside of one standard deviation from the mean?
Jawab
pigloo JonathanKrier
@JonathanKrier

Bright : Volume > 1 x STD of the look back period.
Very Bright: Volume > 2 x STD of the look back period.
Jawab
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