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Supply & Demand Volume Indicator

Supply & Demand Volume Indicator
The Supply & Demand Volume Indicator is designed to measure buying and selling pressure using trading volume.
The indicator classifies volume from bullish candles as buying volume and volume from bearish candles as selling volume. It then calculates moving averages for both values, allowing traders to compare the relative strength of buyers and sellers over time.
When the Buying Volume Moving Average rises above the Selling Volume Moving Average, it suggests that demand is increasing and buyers are becoming more active.
Conversely, when the Selling Volume Moving Average exceeds the Buying Volume Moving Average, it suggests that supply is increasing and sellers are gaining control of the market.
The background color provides a quick visual representation of the current supply and demand balance:
• Green Background – Buying pressure dominates
• Red Background – Selling pressure dominates
Features
* Buying Volume Moving Average
* Selling Volume Moving Average
* Adjustable Moving Average Length
* Visual Supply & Demand Balance
* Non-Repainting Calculation
* Easy-to-Read Subwindow Display
Suggested Uses
* Trend confirmation
* Market participation analysis
* Volume flow monitoring
* Identifying shifts in buying and selling pressure
* Confirmation tool for trend-following and momentum strategies
Disclaimer
This indicator is intended as a market analysis tool and does not provide direct buy or sell signals. It is best used alongside other technical analysis methods and risk management techniques.
The Supply & Demand Volume Indicator is designed to measure buying and selling pressure using trading volume.
The indicator classifies volume from bullish candles as buying volume and volume from bearish candles as selling volume. It then calculates moving averages for both values, allowing traders to compare the relative strength of buyers and sellers over time.
When the Buying Volume Moving Average rises above the Selling Volume Moving Average, it suggests that demand is increasing and buyers are becoming more active.
Conversely, when the Selling Volume Moving Average exceeds the Buying Volume Moving Average, it suggests that supply is increasing and sellers are gaining control of the market.
The background color provides a quick visual representation of the current supply and demand balance:
• Green Background – Buying pressure dominates
• Red Background – Selling pressure dominates
Features
* Buying Volume Moving Average
* Selling Volume Moving Average
* Adjustable Moving Average Length
* Visual Supply & Demand Balance
* Non-Repainting Calculation
* Easy-to-Read Subwindow Display
Suggested Uses
* Trend confirmation
* Market participation analysis
* Volume flow monitoring
* Identifying shifts in buying and selling pressure
* Confirmation tool for trend-following and momentum strategies
Disclaimer
This indicator is intended as a market analysis tool and does not provide direct buy or sell signals. It is best used alongside other technical analysis methods and risk management techniques.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.