This simple but yet efficient indicator view presents the with the following benefits:
1. both buyer and seller are shown separately and above zero line, this way its possible to see which side is dominant;
2. both buyer and seller are shown separately, with buyers above the zero line and sellers bellow the zero line. The dominant side is shown in its darker color version;
3. 20 period Moving Average line is calculated separately and plotted for each side (buyer/seller);
4. 50% of the 20 period Moving Average line is calculated separately and plotted for each side (buyer/seller);
5. possibility to apply Directional OHLC values to enhance the buyer/seller movement interpretation.
p.s.: the chart presents two MVol indicators to let you see the different possible views.
To request access to this invite-only script, please DM me.