Buying vs Selling Power — Indicator by PropTradingShop

volume trendanalysis buyingpressure sellingpressure crosses

This is a simple script that can help identify buying and selling pressure over a period of time.

This is a great addition to any strategy to help confirm direction and strength. You can accompany this indicator with something as simple as a moving average crossover or MACD crossover to help with confirmation of the signal as you want to trade in the direction of volume.

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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