Volume Spikes?

[kmcandsons]

Hello Can anyone help me create this because I am clueless........Just a simple algo volume>stdev(volume) I was told this would help me see increased volume

Hello Can anyone help me create this because I am clueless........ I was told Just a simple algo ......volume>stdev(volume) I was told this would help me see increased volume. in TOS the studies are StDev(volume) and TotSum(volume)/BarNumber()

 

[Joshua]

Something like this?

declare lower;
input len = 50;
plot x = volume;
x.setpaintingStrategy(paintingStrategy.HISTOGRAM);
plot y = average(volume,len) + stDev(volume,len);
x.assignValueColor(if x > y then color.cyan else color.white);