Net Volume as a Measure of Buying and Selling Pressure

Summary

The document describes net volume as an indicator intended to represent the balance of buying and selling pressure over a period. A positive reading is presented as indicating that buying pressure exceeds selling pressure, while a negative reading suggests selling pressure is stronger. The indicator’s settings allow the user to choose tick volume or real volume as the volume input for its calculation.

This is a brief conceptual description rather than a complete specification or trading system. It does not explain the exact calculation, how the chosen volume data is assigned to buyers or sellers, which markets or timeframes it was evaluated on, or how readings should be combined with other signals. No charts, backtest results, or evidence of predictive value are included, so the text alone does not establish that positive or negative readings forecast subsequent price moves.

Key ideas

• Net volume is presented as a measure of buying pressure relative to selling pressure over a period.
• Positive readings indicate stronger buying pressure in the indicator’s interpretation, while negative readings indicate stronger selling pressure.
• The user can select tick volume or real volume as the calculation input.
• The document does not specify the calculation method or provide performance evidence.

Tags

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