// This is a port of the bar by bar Buy/Sell pressure indicator by Karthik Marar. // See below link for further details. // karthikmarar.blogspot.com/2012/09/buying-and-selling-pressure-indicator.html // The only difference being I used the Hull moving average instead of WMA which the HullMA is a derivative of. // Credits to Chris Moody for the HullMA code. // All disclaimers apply
The description explains green above, red below. But I am seeing a mix and reversals (green below , red above). How should I read this chart?
Cryptocontinuum
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It would be awesome if the normal volume bars could be replaced with this indicator.
sigmadict
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Hey joe, thanks for your indicator, I have been looking at the site you suggested and the guy as another indicator below the one you made, that is called Buy Sell Pressure with Histogram, you can see it in the picture. Well if you think you would be able to develop it I would be interested ! Cheers
rafthephoenixx
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mhm thank you for the mnaster piece, most of the people in the comment did not get your point, its a buyer vs seller indicator. the powerful kind ! thank you king
Azimzehen
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Same indicator as normal volume bar sir . Leading indicator
rafaelsilvatech
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Hi @joe_vijay thanks a lot for this amazing tool. Is possible to change sell pressure to positive value? This way positive and negative bars will overlap (considering buy pressure value is always positive), and the higher value will be on top when the bar closes.