Ch Enhanced Buy Sell Volume

2 days ago

// ========================================
// 📊 HOW TO READ THIS INDICATOR 📊
// ========================================
//
// 🟢 GREEN BARS (Above Zero) = BUY VOLUME
// 🔴 RED BARS (Below Zero) = SELL VOLUME
//
// 💡 BAR COLORS MEANING:
// • DARK GREEN = Strong buyer dominance (high conviction buying)
// • LIGHT GREEN = Weak buyer dominance (low conviction)
// • DARK RED = Strong seller dominance (high conviction selling)
// • LIGHT RED = Weak seller dominance (low conviction)
//
// 🎯 TRADING SIGNALS:
// • Tall dark green bars = Strong bullish momentum
// • Tall dark red bars = Strong bearish momentum
// • Light colored bars = Weak conviction, potential reversal
// • Green bars > Red bars = Buyers winning
// • Red bars > Green bars = Sellers winning
//
// 📈 BULLISH SIGNALS:
// • Buy% > 70% = Strong buying interest
// • Dark green bars with high delta = Professional buying
// • Buy volume above yellow MA line = Above average buying
//
// 📉 BEARISH SIGNALS:
// • Sell% > 70% = Strong selling pressure
// • Dark red bars with high delta = Professional selling
// • Sell volume below yellow MA line = Above average selling
//
// ⚠️ WARNING SIGNALS:
// • Price up + Red dominance = Bearish divergence
// • Price down + Green dominance = Bullish divergence
// • Low delta (<10%) = Market indecision
//
// 📊 INFO TABLE (Top-Right):
// • Buy%: Percentage of volume that was buying
// • Sell%: Percentage of volume that was selling
// • Delta%: Strength of dominance (difference between buy/sell)
// • Dom: Which side is currently dominant (BUYERS/SELLERS)
//
// 🟡 YELLOW LINES = Volume Moving Average
// • Upper line: Reference for buy volume (green bars)
// • Lower line: Reference for sell volume (red bars)
// • Above yellow = Higher than average volume
// • Below yellow = Lower than average volume

2 days ago

Release Notes

updated