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@kavklov put this indi on a separate chart see if it works for you
the way it draw the color volume is red portion = sells, green portion = sells + buys
sells get counted twice so that you can always see the green portion even if buys < sells
if sells and buys are plotted side by side instead of one behind another then we don't need to calculate sells twice
I am a big fan of this indicator. I trade ES and German index. I would like to know if it is possible to have a version that it will show when a volume bar has more of 65% buy or sell.
I.E.: If a 5 minutes chart has a volume bar that sell …
I put that on the DAX and Brazilian index, but I am a bit confused... if I set the sell/buy ratio = 0 it shows green and red.
if I put buys/sell ratio 60 I can only see red or green, is that right?
I think it will be better to put the bars side buy side, I believe it will be more user friendly.
How do I know that the ratio has being reached?
Hi @Cory I read that before but it confused me and I didnīt grasp it. When I set the Buy/SellRatio to zero is the percentage declaration than in relation to the dominating (red/green) part of the bar?
I put the indi and the candles were panned hard right and I could not see the print's that you mentioned.
So basically if prints blue is a go and violet is a fake.
Regarding the bars side by side, it's ok, but if a triangle can be put on top/bottom of the candle that passed the ratio is not too much work, I will really appreciate.