
Devils Volume
1. The Devils Volume The Devils Volume is an extended volume indicator. Besides the usual up/down volume this indicator will show you high volume candles when the volume is 150% or 200% higher than the previous candles. Of course, you can customize the coloring of these high-volume bars to your liking. Optionally the candles on the chart can be highlighted when a high-volume bar occurs The indicator can also show liquidity zones. These zones or pools are places where a lot of liquidity can be found. We often see price retracing to these zones during a trend in the form of pullbacks. 2. High volume bars based on 3 user-defined standard deviation levels The indicator will show high volume bars where the volume exceeds one of the 3 user-defined standard deviation bands. You can choose your own colors of course, but these are the default colors: 3. Churn bars Churn bars happen when there is relatively a lot of volume, but little price movement. Often we see these churn bars hap