PROTECTED SOURCE SCRIPT

Volume Proportion

171
XAUUSD This indicator uses the circulation of buy and sell volume, calculated proportionally.

We believe that when buy volume becomes excessive, sell positions will begin to be opened. These sell positions must be significant enough to cause the price to pause or decline.

Similarly, when sell volume becomes excessive, buy positions will begin to be opened. These buy positions must be significant enough to cause the price to pause or rise.

When a trigger occurs on either side, we believe that the price is in a significant zone where a change in direction for both the buy and sell sides is likely to happen. In the event of a trigger, if the candlestick's delta volume still favors the opposite side, it is possible that the price may not genuinely rise or fall.

Enjoy this indicator.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.