OPEN-SOURCE SCRIPT
BS by bigmm
BS by bigmm is a powerful tool designed to track and display cumulative trading volumes for bullish (green) and bearish (red) bars over a user-defined period. This indicator provides valuable insights into market sentiment by quantifying buying and selling pressure through volume analysis.
Interpretation:
Ideal For:
- Adjustable lookback period from 20 to 10,000 bars
- Default setting of 500 bars for balanced analysis
- Real-time calculation updates on each new bar
- BUY Volume: Total volume of green bars (close > open)
- SELL Volume: Total volume of red bars (close < open)
Interpretation:
- Higher BUY Volume: Indicates stronger buying pressure
- Higher SELL Volume: Suggests stronger selling pressure
- Balanced Volumes: Shows equilibrium between buyers and sellers
Ideal For:
- Swing traders analyzing medium-term trends
- Position traders evaluating long-term market sentiment
- Volume-based trading strategies
- Market structure analysis
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
✅ В ТГ больше идей с указанием точек входа, стоп лосс, тейк профит.
📈 Подробная аналитика и логика входа.
💰Будем зарабатывать вместе с ММ.
t.me/bigmm_channel
📈 Подробная аналитика и логика входа.
💰Будем зарабатывать вместе с ММ.
t.me/bigmm_channel
Aviso legal
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.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
✅ В ТГ больше идей с указанием точек входа, стоп лосс, тейк профит.
📈 Подробная аналитика и логика входа.
💰Будем зарабатывать вместе с ММ.
t.me/bigmm_channel
📈 Подробная аналитика и логика входа.
💰Будем зарабатывать вместе с ММ.
t.me/bigmm_channel
Aviso legal
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.