OPEN-SOURCE SCRIPT
Updated Volume Split - Buy vs Sell
This indicator allows visibility of absorption through viewing as buy and sell side volume. If each side is matched within a given percentage (you can select via a parameter), then the given volume bar will be highlighted. Additionally there is an alert on the SMA if the price action crosses the SMA, this is simply something I have been working on in combination.
Constructive thoughts and ideas are welcome.
PSA - AI was utilized in the making of this indicator.
Constructive thoughts and ideas are welcome.
PSA - AI was utilized in the making of this indicator.
Release Notes
Modified the alert for Indecision Highlight so that it is boolean type rather than generic type.Release Notes
Revised the logic to calculate the volume differentialOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.