just like volume, this indicator shows how much in dollars were traded in millions.
Versionshinweise:
made the volume bars represent colors based on bearish or bullish movement
Versionshinweise:
added a mean (average) to the script.
Versionshinweise:
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.
Versionshinweise:
changed the plotted liqudity to a column
Versionshinweise:
when the line is purple that means that liquidity is going down. when the line is white that means liquidity is going up
Versionshinweise:
ive made improvements on the script. easier to use and read
Versionshinweise:
made a little bit more modification