Latest update to the volume flow indicator. It calculates volume fraction up and down based on candle shape: body counts twice one way, wicks count both ways. Total volume (positive + negative) is the regular volume. Additionally, I added breakout detection, oscillator, colored candles for easy trend following, reversal warnings, high and low volume alarms. Every aspect uses volume for calculations.
What some parts mean : i.imgur.com/nZu9rbe.png
Hope this helps someone, I use it myself as signals for confirmations. Tips are cool, but saying thanks is plenty as well :)
What some parts mean : i.imgur.com/nZu9rbe.png
Hope this helps someone, I use it myself as signals for confirmations. Tips are cool, but saying thanks is plenty as well :)