price-range-per-volume.pine

//@version=5
indicator("Price Range / Volume")

priceRange = ta.tr(true)
value = priceRange / volume * 1000000

trans = 50
upColor = color.new(color.teal, trans)
downColor = color.new(color.red, trans)
color = close >= open ? upColor : downColor

plot(value, style=plot.style_columns, color=color)