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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.
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這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。