Calculating NYSE Up Volume (UPVOL.NY) vs NYSE Down Volume (DNVOL.NY). The triangles appear when the ratio exceeds 90% in either direction. Also has the option to switch to NQ, US, DJ, AM, or AX tickers. Credit to @MagicEins for the original script: https://www.tradingview.com/v/XNbzYkCE/
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Some minor formatting changes.
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Replaced the label with a panel that shows both Up Volume and Down Volume ratios. Consolidated the ticker input to one input. General formatting.
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Now shows intraday levels for minute and hour resolutions.
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Panel is now visible on all resolutions
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Added in 80% days
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General clean up
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Option to view cumulative or out of 100% (default cumulative)
Option to turn the 90% underlay on or off (default off)
Brighter colors for 90% days
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Minor modifications to the previous update's changes
90% Underlay now applies to both Cumulative and Relative display
Useful indicator! Would love to have two small improvements: 1. Show 90% in a brighter red or something (easier to obviously differentiate from 80%) 2. The U/D volume % in bottom right corner should change as you mouse over earlier days!
Thanks for making and sharing this!
ChartingCycles
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You're welcome! Definitely can implement #1. Will have to look into #2.
Townsville
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I have noticed that the up and down volumes are identical for each chart. The volumes don't change.
ChartingCycles
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@Townsville the values are based on the overall stock market's volume, not the ticker. You can use the settings to change between markets.
Boykocolby
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Hey this is an amazing thank you! Just one question for choosing the markets. When i trade NQ i changed the market to NQ but for ES what would you change market to or just leave it as NY
ChartingCycles
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@Boykocolby glad you like it! I typically look at NY, but you can switch it to US for ES.