Volume Trend Meter

2021년 3월 1일

Sweet little indicator which measures volume pressure over a specific period of time.
i call it Volume Trend Meter, or just VTM,
The indicator sums up all green candles volume and red candles volumes over a specific period of bars (you set in settings) and plots their values.
Use this indicator to identify increasing volume with the green candles (close higher than open) and increasing volume of the red candles (close is lower than open).

======= Calculation ==========
For Green Column: Total volume of green candles is higher than total red candles volume.
For Red Column: Total volume of red candles is higher than total green candles volume.

======= Volume Trend Meter Colors =======
Green: Increasing buying pressure.
Red: Increasing selling pressure.

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2021년 4월 19일

릴리즈 노트

Added an option to display all values as positive values.