Generally, Volume indicator shows total Volume of a candle. In this Volume Strength Finder Indicator, I tried to separate Strength of buyers and sellers based on the candle stick pattern. Calculating Buyer and Seller Strength each and every candle of the day based on the pattern formation.
High - close => Buyers Close - low => Sellers
in this way, cumulative volume separates for buyer and sellers and comparing with total volume of the day and showing results.
if buyer strength more than seller, candle bar color remains green even a candle is negative candle(Open>close) and wise versa.
Thanks for indicator. Only works on 1M, 3M, 5M, 15M, W, M, but not H1, H4, D. Can this be fixed please?
avinashbhiremath
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Hi Thanks for this Indicator it really Helps, can I know how to reduce the Size of Box because that'll Help watching in Phone. Thanks
Saravanan_Ragavan
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@avinashbhiremath, Thanks for your comment. Which box are you talking about?
avinashbhiremath
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@Saravanan_Ragavan, Thanks for your Reply Sir, am talking about the Box which shows the Total Volume, Buyers Volume, Sellers Volume and Percentage of both. Thanks
Saravanan_Ragavan
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@avinashbhiremath, Unfortunately No. But, You can hide the table (box) in the indicator settings.
@ImVarmaRK, Yes. It needs to calculate volume. indices not having volumes.
pmckenna8
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@Saravanan_Ragavan, I found this today and I'm trying to get it to work right now.. It doesn't appear to work, NAN%..no data is being collected.. Do I need additional Trading view features to get the data your indicator loads?