This is a volume indicator that splits purchases and sales into 2 separate columns.
In addition, I added some POW factors to scale the volume to a more compact or expanded picture.
The SMA draws the red line indicating the volume of purchases and sales, also with POW factor customizable, so it is possible to scale it within the volume bars
what to do with this information: it is very easy to find rotation points when the selling volume and the buying volume are equal, this is where possible rotation phases occur
have fun
Translated with www.DeepL.com/Translator (free version)
In addition, I added some POW factors to scale the volume to a more compact or expanded picture.
The SMA draws the red line indicating the volume of purchases and sales, also with POW factor customizable, so it is possible to scale it within the volume bars
what to do with this information: it is very easy to find rotation points when the selling volume and the buying volume are equal, this is where possible rotation phases occur
have fun
Translated with www.DeepL.com/Translator (free version)
Release Notes:
overlay true -> overlay false
Release Notes:
Volume Compressor added to the script
thx gorx1 for the math
thx gorx1 for the math
Release Notes:
extension with "in candle delta"
addition of a dev-cloud
changed standard colors from
color.rgb(000, 255, 255, 000) and color.rgb(255, 255, 000, 000) to
color.rgb(000, 255, 000, 000) and color.rgb(255, 000, 000, 000)
addition of a dev-cloud
changed standard colors from
color.rgb(000, 255, 255, 000) and color.rgb(255, 255, 000, 000) to
color.rgb(000, 255, 000, 000) and color.rgb(255, 000, 000, 000)
Release Notes:
cleanup pass
Release Notes:
Vector-Candle coloring and Ui cleanup
Release Notes:
typo...
Release Notes:
Code cleanup and sorting the options into a more organiced way
Release Notes:
middleline color selectable and moved in the background behind all plots