Convert the given Pine Script code from version 5 to Pine Script version 6,
ensuring full compatibility with the latest features and syntax requirements of
version 6.
The original code is a TradingView indicator "Volume Trend Meter LTF (VTML)"
measuring volume pressure on lower time frame candles at specific candle parts
(start, middle, or end). The update should preserve all original functionalities,
inputs, logic, and plotting behavior.
Requirements:
- Update the version declaration to //@version=6.
- Modify any deprecated or changed built-in functions, statements, syntax, or
variable declarations to conform with version 6 standards.
- Retain all user inputs as-is, with correct type usage.
- Ensure arrays, request.security calls, and barstate handling are compatible with
version 6 syntax.
- Preserve indicator metadata (name, short name, overlay flag).
- Maintain all comments and licensing attributions in the script.
# Steps
1. Change the version declaration line to //@version=6.
2. Review and update all syntax and API calls (input functions, variable
declarations, array functions, request.security_lower_tf usage) ensuring version 6
compliance.
3. Adjust any deprecated function names, properties, or methods per version 6
documentation.
4. Verify variable initialization with var and varip keywords are correct in
version 6.
5. Confirm conditional expressions and ternary operators are valid in version 6.
6. Compile and validate the converted script's logic and output style remain
intact.
# Output Format
Provide the complete updated Pine Script source code with version 6 declaration,
fully functional and ready for use in TradingView.
# Notes
- Keep all original comments and attribution lines intact at the top.
- The indicator name and short name must remain "Volume Trend Meter LTF" and "VTML"
respectively.
- Preserve the plotting style, colors, and user-configurable inputs.
- Do not remove or alter any explanatory comments.
---
//@version=6
// This work is licensed under a Creative Commons Attribution-ShareAlike 4.0
International License https://creativecommons.org/licenses/by-sa/4.0/
// © dman103
// A new take to an already popular indicator of mine, now with lower time frame
support for a volume called Volume Trend Meter LTF (VTML)
// The VTM LTF indicator measures the volume pressure at a specific part of the
candle (Start, Middle, or the end of the candle).
// Can also work on Daily charts and higher.
// This indicator sums up all green candle volumes and red candle volumes over the
selected part of the candle (start end or middle) and plots their values by
subtracting increasing volume and decreasing volume.
// Use this indicator to identify increasing volume with the green candles (close
bigger than open) and increasing volume of the red candles (close is smaller than
open).
//
// ======= Calculation ==========
// For Green Column: Total Volume of green candles is higher than total red candles
volume.
// For Red Column: Total Volume of red candles is higher than total green candles
volume.
//
// ======= Volume Trend Meter Colors =======
// Green: Increasing buying pressure.
// Red: Increasing selling pressure.
//
//The orignal VTM (not LTF version):
//https://www.tradingview.com/script/ywEEvEtI-Volume-Trend-Meter/
// Like if you like and Follow me for upcoming indicators/strategies:
https://www.tradingview.com/u/dman103/#published-scripts
indicator("Volume Trend Meter LTF","VTML",overlay=false)
bars = input.int(7,title="Previous bars to check")
one_side = input.bool(false, title="Positive values only")
lower_time_frame= input.timeframe('5','Intrabar time frame', tooltip='Which lower
time frame candle to overlay on the chart. Must be lower than the chart time
frame.')
candle_to_display=input.string("Candle End","Lower time frame Candle to show",
options = ["Candle Start", "Candle End","Candle Middle"])
var candle_type= candle_to_display=='Candle End' ? 1 : candle_to_display=='Candle
Start' ? 2 : 3
var ltf_volume_array_up = array.new_float()
var ltf_volume_array_down = array.new_float()
var ltf_volume_array = array.new_float()
[l_open,l_close,l_volume] = request.security_lower_tf(syminfo.tickerid,
lower_time_frame,[open,close,volume])
varip float open_value_get=na
varip float close_value_get=na
varip float volume_value_get=na
varip int pre_candle_length_ltf=0
if barstate.isconfirmed
pre_candle_length_ltf := array.size(l_volume)
if (array.size(l_volume) > 0)
open_value_get := candle_type == 1 and pre_candle_length_ltf ==
array.size(l_open) ? array.get(l_open, pre_candle_length_ltf - 1) : candle_type ==
2 ? array.get(l_open, 0) : candle_type == 3 and pre_candle_length_ltf / 2 ==
array.size(l_open) / 2 ? array.get(l_open, pre_candle_length_ltf / 2) : na
close_value_get := candle_type == 1 and pre_candle_length_ltf ==
array.size(l_close) ? array.get(l_close, pre_candle_length_ltf - 1) : candle_type
== 2 ? array.get(l_close, 0) : candle_type == 3 and pre_candle_length_ltf / 2 ==
array.size(l_close) / 2 ? array.get(l_close, pre_candle_length_ltf / 2) : na
volume_value_get := candle_type == 1 and pre_candle_length_ltf ==
array.size(l_volume) ? array.get(l_volume, pre_candle_length_ltf - 1) : candle_type
== 2 ? array.get(l_volume, 0) : candle_type == 3 and pre_candle_length_ltf / 2 ==
array.size(l_volume) / 2 ? array.get(l_volume, pre_candle_length_ltf / 2) : na
o_tf = (array.size(l_open) > 0) ? open_value_get : na
c_tf = (array.size(l_close) > 0) ? close_value_get : na
volume_tf = (array.size(l_volume) > 0) ? volume_value_get : na
if (c_tf > o_tf)
array.push(ltf_volume_array, volume_tf)
else if (c_tf < o_tf)
array.push(ltf_volume_array, -volume_tf)
if (array.size(ltf_volume_array) > bars)
array.shift(ltf_volume_array)
sum_volume = array.sum(ltf_volume_array)
total_up_down_vol = sum_volume //sum_volume_up-sum_volume_down
plot(one_side ? math.abs(total_up_down_vol) : total_up_down_vol,
color=total_up_down_vol > 0 ? color.green : color.red, style=plot.style_columns)
