Indicators: Volume Average - page 2
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Hello
Does anyone know what the colours represent?
Kindly share please.
Thank you
The green bars show volume that is higher than both the average volume as well as the breakout level which can be defined in the settings and the candle that produced the volume closes bullish.
The red bars require the same two things, but the candle must close bearish.
The light green and orange bars show lower than average volume for both bullish and bearish candles respectively.