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Hello Hahn, Is it possible to create a script that changes the colors of candlesticks based on volume and RSI? For example, when the current candle has more than 1.5 relative volume and an RSI>65 , it will be colored yellow on the chart.
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Sorry, my original answer contained a typo in the code and was missing the screenshot. Full text of my original answer follows: Ok, great. In the future please be sure to use the full name of any studies that are included with Thinkorswim. The term “relative volume” can have many interpretations. Instead of this you should provide the full name of the study as it appears in Thinkorswim: “RelativeVolumeStDev”. Having made that clarification we have the following code. Screenshot below shows the result:
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What is “relative volume”?
relativevolumestdev
https://toslc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/R-S/RelativeVolumeStDev.html