OPEN-SOURCE SCRIPT
Diupdate Volume Density Candle
A candle chart that indicates congestion or resistance by the color of each candle.
The transparency of each candle is based on volume density.
Volume density is calculated as follows.
Volume density = Volume / Price range
Price range uses true range "max(high - low, abs(high - close[1]), abs(low - close[1]))".
Since volume density varies drastically by stock or time, the transparency is calculated based on the deviation rate from the average volume density.
If the candle is shorter and the color is brighter (less transparency), there is more transactions in the narrow price range than usual, and it could mean the candle's price range is congestion or resistance.
If the price breaks through that price range or rebounds from it, the price could move further in that direction.
The transparency of each candle is based on volume density.
Volume density is calculated as follows.
Volume density = Volume / Price range
Price range uses true range "max(high - low, abs(high - close[1]), abs(low - close[1]))".
Since volume density varies drastically by stock or time, the transparency is calculated based on the deviation rate from the average volume density.
If the candle is shorter and the color is brighter (less transparency), there is more transactions in the narrow price range than usual, and it could mean the candle's price range is congestion or resistance.
If the price breaks through that price range or rebounds from it, the price could move further in that direction.
Catatan Rilis
Added "Max Transparency" setting to avoid invisible candle.Fixed a bug when the price range is 0.
Catatan Rilis
Removed candles with no price change from average calculation.Catatan Rilis
Added options to exclude the first or last candle of the intraday session from the average because those two candles distort the average in some markets.Catatan Rilis
Added an option to change the max deviation rate.Catatan Rilis
Minor fix.Catatan Rilis
Fixed max deviation rate option.Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.