Volume Buy/Sell Footprint with Strong Trendline

📌 Summary of Indicator: Volume Buy/Sell with Strong Trendline
✅ Key features of the indicator
✔ Displays the Buy Volume and Sell Volume
✔ Highlights Volume Signal when the trading volume is unusually high
✔ Calculates and draws trendlines from Swing High / Swing Low
✔ Displays Demand and Supply Zones based on support-resistance from Pivot Points
✔ Adds EMA 9 and EMA 21 lines with color fill between the lines
✔ Adds Signal Box and Horizontal Box to indicate the trend direction
📌 1. Volume Footprint calculation
Buy Volume → If the candlestick closes positive (Close > Open)
Sell Volume → If the candlestick closes negative (Close < Open)
Volume Signal → If the trading volume is higher than 1.5 times the average of 20 bars
📌 2. Trendline calculation
Swing High → The highest point in the 5 bars before & after
Swing Low → The lowest point in the 5 bars before & After
Trend line is drawn automatically Ready to indicate the trend direction (green = uptrend, red = downtrend)
📌 3. Displaying Demand & Supply Zones
Demand Zone (support) → Use Swing Low as a reference point
Supply Zone (resistance) → Use Swing High as a reference point
Demand color = green / Supply color = red
The thickness of the support-resistance lines depends on
Volume Intensity
Price Movement Intensity
📌 4. Signal Box
Signal Box → Displays colors according to the volume (green = high volume, red = low volume)
Horizontal Box → Displays important trend areas
📌 5. EMA lines and fill colors between EMAs
EMA 9 and EMA 21
If EMA 9 cuts up, EMA 21 → Uptrend
If EMA 9 cuts down, EMA 21 → Downtrend
📊 6. How to use Indicators
✔ Use Demand/Supply Zones to find price reversal points
✔ Look at the EMA lines And Fill Color to analyze short-term trends
✔ Use Trendline and Signal Box to detect strong trends
✔ Highlight Volume Signal to detect unusually high trading ranges
✅ This indicator is suitable for traders who want to see trading volume, support and resistance levels, and market trends to help them decide to enter or exit orders! 🚀

This indicator works on
#crypto #forex #gold and all assets.