mladen wrote: Thu May 25, 2017 4:56 pm ashetty033

Please use some of the existing volume indicators that already have that

Sir,

Tried Better Volume indicator.. It plots low volume bars.. But doesn't show the lowest among them..

Market opens at 9.00 am.. Horizontal line is drawn on the first bar and then when the second bar is formed it checks with previous bar
whether volume is lower than that.. if it is more, line continues on first bar.. if it is less, line shifts to the second bar.. same procedure follows for
further bars..
Lets say lowest volume of the day was on first bar and then new lowest volume appeared on tenth bar, then the horizontal line from the first bar shifts to
tenth bar.. same way lines get shifted to the bar which has new lowest volume compared to previous ones till the end of the day/ last bar of the day...

Example in the figure below.. Market opened today at 9.15 am (the first red vertical line in the figure).. Then the horizontal line shifted to second bar has the volume was less than previous one.. then onto the fifth bar as the volume was lesser than the one in second bar.. then moved on to the sixth bar.. then to
eighth bar and to tenth bar as the volume was getting lower than the previous low... Then moved to 21st bar as the volume was lower than the one in tenth bar..
Then moved on to 35th bar as it got a new low volume.. and stayed there waiting for the new low volume..
Horizontal lines are drawn on high and low of the bar with new low volume..
*red vertical lines are drawn manually to show the bars forming new low volume..

Thanks,