SPWR
The purpose of this script is to give insight into the volume action. The relative volume is calculated (based on 400 ticks) with the volume of down days (close-close<0) being given a negative value. This function is then summed over 100 ticks. WMA's are used to generate a rainbow ribbon who's color order is easily recognized buy all of us. Watch and Warning points are added using crossover points. I find it to be a good supplement to my favorite Buy/Sell indicator. In addition to the wrapping of the ribbon, pay attention to where the zero line is as well.