Displaying Current and Recent Buying and Selling Volume

Summary

This document describes a trading volume indicator that displays buying and selling volume for the current bar, or an average over a chosen number of recent bars. It distinguishes the two measures with green and red colors and presents them simultaneously, giving users a visual way to compare the indicator’s buy-side and sell-side volume readings over time.

The author also says the source code is shared as a reference for people who want to study or modify the indicator. The description does not explain how buying and selling volume is classified, how the averaging calculation works, or whether these values represent aggressor-side trades rather than another platform-specific estimate. It supplies no charts, validation, or evidence that the indicator predicts returns. Readers should therefore treat it as a display and learning aid whose interpretation depends on its implementation and the data available in the trading platform.

Key ideas

• The indicator displays buying and selling volume for the current bar or an average of recent bars.
• Separate colors distinguish its buy-side and sell-side readings.
• The source is offered as a reference for learning or modification.
• The description does not explain the classification method or validate the indicator as a predictive signal.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.