come to the point ,
volume = mass , speed = average speed direction of traders .
WHY THIS INDICATOR IS SO POWERFUL AND USEFUL ?
volume indicator only tells the number of traders entering in market ,right ?
but this indicator tell the number of trader trading in which direction .
this indicator tells you about the number of traders trading in which direction .
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.