Enhanced Split Buy Sell Volume

Core Components and What They Show

1. Buy Volume (Green Columns Above Zero):
Represents estimated buying pressure: The portion of total volume attributed to buyers, calculated as volume * (close - low) / (high - low).

How to Read: Taller green bars indicate stronger buying interest in that candle. If the close is near the high, most volume is assigned to buys (green bar dominates).
Highlight (Lime Color): If buy volume exceeds the average volume by the threshold (default 1.5x), it turns lime. This signals a potential "buy climax" or surge in demand—watch for breakouts or reversals.

2. Sell Volume (Red Columns Below Zero):
Represents estimated selling pressure: The remainder of volume, calculated as volume * (high - close) / (high - low).

How to Read: Taller red bars (extending further below zero) show stronger selling. If the close is near the low, sell volume dominates.

Highlight (Fuchsia Color): Turns fuchsia for high sell volume, indicating a "sell climax" or heavy supply—could signal breakdowns or exhaustion.

3. Zero Line (Dotted Gray Horizontal Line):
Acts as a neutral divider: Green above = net buying; red below = net selling.

How to Read: Compare the "mirror image" of green and red heights. If green is consistently taller than red (e.g., over multiple candles), it suggests building bullish momentum.

4. Net Volume MA (Blue Line):
A moving average (default 14 periods) of net volume (buy volume minus sell volume).

How to Read:
Above zero and rising: Bullish volume trend—buyers are gaining control.

Below zero and falling: Bearish volume trend—sellers dominate.

Crosses zero: Potential shift in momentum (e.g., from bearish to bullish if crossing up).
Divergences: If price makes new highs but the MA flattens or drops, it could signal weakening momentum (bearish divergence).