OPEN-SOURCE SCRIPT
Updated Stacked Bullish vs Bearish Volume
This indicator visually represents buying (bullish) and selling (bearish) pressure within each candle by stacking both portions inside a single volume bar. Unlike traditional volume indicators that use only one color per bar, this script splits each volume bar into two segments:
Green portion (Bullish Volume) → Represents the buying pressure when the price moves up.
Red portion (Bearish Volume) → Represents the selling pressure when the price moves down.
By stacking buy and sell volume inside the same column, traders can easily assess the balance of buying vs selling activity within each trading session.
Stacking the Bars:
The bullish portion (green) is plotted first.
The bearish portion (red) is plotted slightly offset to create a stacked effect.
Green portion (Bullish Volume) → Represents the buying pressure when the price moves up.
Red portion (Bearish Volume) → Represents the selling pressure when the price moves down.
By stacking buy and sell volume inside the same column, traders can easily assess the balance of buying vs selling activity within each trading session.
Stacking the Bars:
The bullish portion (green) is plotted first.
The bearish portion (red) is plotted slightly offset to create a stacked effect.
Release Notes
This indicator visually represents buying (bullish) and selling (bearish) pressure within each candle by stacking both portions inside a single volume bar. Unlike traditional volume indicators that use only one color per bar, this script splits each volume bar into two segments:Green portion (Bullish Volume) → Represents the buying pressure when the price moves up.
Red portion (Bearish Volume) → Represents the selling pressure when the price moves down.
By stacking buy and sell volume inside the same column, traders can easily assess the balance of buying vs selling activity within each trading session.
Stacking the Bars:
The bullish portion (green) is plotted first.
The bearish portion (red) is plotted slightly offset to create a stacked effect.
Release Notes
This indicator visually represents buying (bullish) and selling (bearish) pressure within each candle by stacking both portions inside a single volume bar. Unlike traditional volume indicators that use only one color per bar, this script splits each volume bar into two segments:Green portion (Bullish Volume) → Represents the buying pressure when the price moves up.
Red portion (Bearish Volume) → Represents the selling pressure when the price moves down.
By stacking buy and sell volume inside the same column, traders can easily assess the balance of buying vs selling activity within each trading session.
Stacking the Bars:
The bullish portion (green) is plotted first.
The bearish portion (red) is plotted slightly offset to create a stacked effect.
3 minutes ago
Release Notes
This indicator visually represents buying (bullish) and selling (bearish) pressure within each candle by stacking both portions inside a single volume bar. Unlike traditional volume indicators that use only one color per bar, this script splits each volume bar into two segments:
Green portion (Bullish Volume) → Represents the buying pressure when the price moves up.
Red portion (Bearish Volume) → Represents the selling pressure when the price moves down.
By stacking buy and sell volume inside the same column, traders can easily assess the balance of buying vs selling activity within each trading session.
Stacking the Bars:
The bullish portion (green) is plotted first.
The bearish portion (red) is plotted slightly offset to create a stacked effect.
Release Notes
Bullish + Bearish volume now ALWAYS equals total volume (no missing or excess volume).Release Notes
No missing volume in bearish candles.Release Notes
Removed shorttitle (no extra labels in the indicator list).Release Notes
Corrects scaling so that bearish volume does NOT appear too largeRelease Notes
Total volume is correctly distributed Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.