Originally written by @ceyhun I added a low lag filter to key components to smooth the bars. The user can adjust the parameters 'fast' and 'slow' to tune. capam The original comments of ceyhun are below repeated: Buying Selling Volume -Buy Volume -Sell Volume -Buy Volume Percent % -Sell Volume Percent % -Volume Index -Buy Sell...
Based on logic from many top contributors here, the script utilizes LazyBear's WaveTrend Oscillator Indicator along with custom code to plot a few key components for daily trading; Boundaries for entry and exit points which are based on a 6-day trend in OPEN/HIGH and OPEN/LOW prices. Daily HIGH and LOW points to establish a good view of stock's movements ...
Buying Selling Volume -Buy Volume -Sell Volume -Buy Volume Percent % -Sell Volume Percent % -Volume Index -Buy Sell Volume- BuyVolume>SellVolume=Blue barcolor SellVolume>BuyVolume=Purple barcolor -Volume Index- VolumeIndex>length and close > open =Cyan barcolor VolumeIndex>length and close < open =Gray barcolor VolumeIndex<=length = Yellow barcolor