Normalized Volume - Hybrid

Description for the Hybrid Version
Hybrid Normalized Volume (Color-Coded)
A volume normalization tool that also highlights market sentiment by color-coding bars according to price direction.

Features:

3 normalization modes: Relative to Average, Z-Score, and Min-Max.
Green histogram bars = bullish volume (close > open).
Red histogram bars = bearish volume (close < open).
Adjustable lookback period.
Baseline for quick identification of above/below-average activity.

Use cases:

Instantly spot high-volume buying vs. high-volume selling.
Compare volume behavior across different assets without scale distortion.
Identify significant market participation shifts in real-time.