
Here's my small visual contribution to analyzing volume behavior. The subpanel shows "who's winning" in the volume fight and you have the option to paint the background of the subpanel and the chart. Signals are painted as one side takes over from the other; stars in this screenshot. The dpDPOT, a refined version of my dpDPO, shows how the colorization of the chart shows how volume leads price, since the background has changed color before the dpDPOT histogram has crossed its zero-line. It provides a 'heads-up' that trend or the micro-trend is changing. Works on just about everything I've tried it on.
Try it out. I find it useful. Maybe you will, too. As always, this is an educational effort to make all of us better traders. If you like it, leave a comment- it's the only way I know if any of this is helpful. If you find a bug in it, you can contact me through the forum.
Thanks,
Dave P.
UPDATE 8-11-2025: There was a small bug in the sound alerts which allowed the alert to sound off waaay too many times. Took care of it.
UPDATE 8-14-2025: Fixed a small sync issue with the signal and background painting.
Category The Elite Circle
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