This is a simple indicator you can use to separate volume from price on your chart. You can also select different time frames (MTF).

Thanks to LazyBear for cleaning up my previous messy code.
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study(title="Volume MTF", shorttitle="Volume MTF", precision=0)
resCustom = input(title="Timeframe", type=resolution, defval="1" )
lengthMA=input(20, title="Volume MA Length")
showMA = input(true)
v=security(tickerid, resCustom, volume)
plot(v, color = open > close ? red : green, style=columns, title="Volume", transp=65)
plot(showMA ? sma(v,lengthMA) : na, style=area, color=blue, title="Volume MA", transp=65)
how do you use it in your trading entries
Exactly what I was looking for, thanks buddy! :D
+3 Reply
Thank you for this indicator I use it everyday.
+4 Reply
Nice Work...Glad to see I'm not the only one who leans on LazyBear!!!!
+2 Reply
Thanks. Yep, jumbled up code with the idea intact. LazyBear fixed it in less than 5 mins.
+4 Reply
ChrisMoody QuantitativeExhaustion
5 Minutes!!! ... He must have had a call come most complex problems usually take him about 30 seconds....
+4 Reply
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