The PVA volume is part of PVSRA and it shows different bar colors according to the conditions below.
Situation "Climax". When volume >= 200% of the average volume of the 10
previous chart candles or where the product of candle spread x candle volume is >= the
highest for the 10 previous chart candles. Default Colors: Bullish bars are green and
Bearish bars are red.
Situation "Volume Rising Above Average". When volume >= 150% of the average
volume of the 10 previous chart candles. Default Colors: Bullish bars are blue and bearish bars are
blue-violet.
Situation "Climax". When volume >= 200% of the average volume of the 10
previous chart candles or where the product of candle spread x candle volume is >= the
highest for the 10 previous chart candles. Default Colors: Bullish bars are green and
Bearish bars are red.
Situation "Volume Rising Above Average". When volume >= 150% of the average
volume of the 10 previous chart candles. Default Colors: Bullish bars are blue and bearish bars are
blue-violet.
Release Notes:
I changed the transparency to zero so that the volume bar becomes more visible and so that it resembles the original PVSRA script.
