This Script is meant to apply Newton's equation for Gravitational Force onto the Financial Markets.
FGrav=Gravitational Constant * (Mass1*Mass2)/(Distance between the two objects' center of mass^2)
This script could be used to identify periods of technical market weakness, when the gravitational force becomes negative.
This indicator allows you to visualize the balance of buy and sell volume.
Volume is scored bullish or bearish and accumulated over a series of bars (defined by the "length" parameter).
This result is then normalized and smoothed.
The idea is to show simply through colors "stronger or weaker" the relevance of candles in the current direction of the asset.
the indicator was made to be used in the graphics of 5m and 15m. based on the SMA20 already indicated previously and with a SMA20 of the graph of 60m.
candles will have their colors modified according to their relevance in the current...