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i see that the buy sell volume bars are the same just the opposite. i mean they are a mirror image of each other. so that cannot be right. i think that would mean buy and sell volume is exactly the same on each price bar!
OK, it shows Difference(Delta)= (PriceUp Vol - PriceDn Vol) , basically- Volume of Price Up/Dn(?)
Waddah, does it give us something, what other volume ind (MFI,OBV,AD, etc) don't?
How would you interpret and use it?
what advantages of your ind. compare to others ?
OK, it shows Difference(Delta)= (PriceUp Vol - PriceDn Vol) , basically- Volume of Price Up/Dn(?)
Waddah, does it give us something, what other volume ind (MFI,OBV,AD, etc) don't?
How would you interpret and use it?
what advantages of your ind. compare to others ?
This indicator give you Numbers
How many Buy volume
and how many sell volume
if you see this numbers are not important ... simply don't use this indicator.
white - Number of 1min bars in bars.
green -Number of 1min long bars in bars.
red -Number of 1min short bars in bars.
yellow-(Number of 1min long bars)-(Number of 1min short bars) in bars.
green =(Number of 1min long bars in bars)/(Number of 1min bars )
red =(Number of 1min short bars in bars)/(Number of 1min bars)
yellow=[(Number of 1min long bars)-(Number of 1min short bars) in bars]/(Number of 1min bars )