Volume_MA.tosts

# Volume Based Coloured Bars

declare real_size;
declare on_volume;

input length = 21;

def avrg = SimpleMovingAvg(volume, length);

# Define conditions for downward volume and upward volume
def volDownCondition = close < open;
def volUpCondition = close > open;

# Define volume conditions
def highVolume = volume > avrg * 1.5;
def midVolume = volume >= avrg * 0.5 and volume <= avrg * 1.5;
def lowVolume = volume < avrg * 0.5;

# Define color conditions
def downHighVol = highVolume and volDownCondition;
def downMidVol = midVolume and volDownCondition;
def downLowVol = lowVolume and volDownCondition;

def upHighVol = highVolume and volUpCondition;
def upMidVol = midVolume and volUpCondition;
def upLowVol = lowVolume and volUpCondition;

# Assign colors based on conditions
plot Vol = volume;
Vol.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Vol.SetLineWeight(4);
Vol.AssignValueColor(
    if downHighVol then Color.RED 
    else if downMidVol then Color.DARK_RED 
    else if downLowVol then Color.DARK_RED 
    else if upHighVol then Color.UPTICK 
    else if upMidVol then Color.DARK_GREEN 
    else if upLowVol then Color.DARK_GREEN 
    else Color.CYAN
);