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Volume indicator to show Bullish/ Bearish Bias

dimanche 15 décembre 2019
Is there anybody that can help with this?
Intention
To come up with a volume indicator that can show if volume pressure is bullish or bearish in nature and to show the difference (in bullishness/bearishness) over time.

I understand that volume is tick volume, but all the same it shows activity or interest at price levels.

Background
The standard MT4 volume indicator is pretty useless. It shows green if the volume is greater than the last bar, red if volume is less than the last bar. No...

Volume indicator to show Bullish/ Bearish Bias


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