VJ_Volume_Longs_Shorts_Indicator
Green Bars in the histogram indicate high buy volume and prospective long position
Gray Bars indicate low volume and no trade zone
Red Bars indicate high sell volume and prospective short position
Best used with Bitcoin.
Could use this indicator along with your favorite indicator to get to know the direction of the market with respect to volume and since this is a script, you can set alerts too.
Happy Trading
// Added tick option for trend alerts to be shown in form of changed bar colors or green/red triangles below/above the candles.
// Made tiny changes to the buy/sell signal conditions improving the accuracy a bit
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact vjsharma89 directly.
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact vjsharma89 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.