BuySell vol compares current price and volume with values from lookback bars to color bars green for bullish volume and red for bearish. It also plots a threshold line based on exchange-specific volume filters. Settings allow adjusting the lookback period, enabling the volume MA, and setting its length. The indicator draws on the chart with bar coloring.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
lookback
int
13
lookback
showMA
bool
false
showMA
lengthMA
int
55
lengthMA
Bar Coloring
bool
true
bc
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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