//@version=4
study("Volatility Bars")
h= (swma(avg(high, high[1], high[2])))
l= (swma(avg(low, low[1], low[2])))
c= input(close, "Source", type = input.source)
o= ((swma(open)))

a = cum(tr) - cum(tr)[720]
b = cum(tr)[720] - cum(tr)[1440]
C = a/b
plotcandle(o, h, l, c, wickcolor = color.black, color =  C < .75 ? color.white: C > 1.25 ? color.yellow : c > o ? color.blue :  c < o ? color.red : color.white)
plotshape(c, location = location.absolute, style = shape.diamond, color = C < .75 ? color.white: C > 1.25 ? color.yellow : c > o ? color.blue : color.red, size = size.auto, transp = 0)