Essentially the same as TDFI. However, uses volume rather than price as the source data
Above filter high indicates increase in volume
Above filter low indicates drop off in volume
Orig TDFI:
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules.
You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
![Trend Direction Force Index v2 - TDFI [wm]](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
![Trend Direction Force Index v2 - TDFI [wm]](https://s3.tradingview.com/h/HUpIful1_big.png)