Counts Up- and Downside volume and plot the relation. Can be used as a filter: higher than 50 is uptrend, lower - downtrend. Play with window size and smoothing EMA period to suite to how your instrument of choice moves
Note di rilascio
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input max values and steps changed
Note di rilascio
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Removed bar volumes from calculation since there can be no data about bar volume and the indicator performs strangely. Changed benchmarking line colors