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Volume Flow Direction

The indicator is showing you volume flow direction - sustained flow in one direction (green or red dominance) suggests institutional participation that often precedes price movement in that direction. Use in combination with Cumulative Volume Histogram to spot divergences.
Key Interpretation Guidelines:
1. Trend Direction:
- Sustained green dominance suggests underlying buying pressure (bullish)
- Sustained red dominance suggests underlying selling pressure (bearish)
2. Signal Line Crossings (more important than just height):
- Bullish signal: When the combined buffer (white line) crosses above the green signal line
- Bearish signal: When the combined buffer crosses below the red signal line
3. Divergences (most powerful signals):
- Bullish divergence: Price makes lower lows but indicator makes higher lows (green area grows)
- Bearish divergence: Price makes higher highs but indicator makes lower highs (red area deepens)
Practical Trading Interpretation:
Current Market Bias:
- Bullish bias: Green area consistently above zero line
- Bearish bias: Red area consistently below zero line
- Neutral: Indicator oscillating around zero with neither color dominating
Confirmation Factors:
1. Signal Method Context: Your chosen signal method (Percentage, Fixed, etc.) determines the thresholds
2. Trading Style Setting: Different styles (Range/Trend/News) use different parameters
3. Timeframe Consistency: Longer dominance (multiple bars) is more significant than brief spikes
Key Interpretation Guidelines:
1. Trend Direction:
- Sustained green dominance suggests underlying buying pressure (bullish)
- Sustained red dominance suggests underlying selling pressure (bearish)
2. Signal Line Crossings (more important than just height):
- Bullish signal: When the combined buffer (white line) crosses above the green signal line
- Bearish signal: When the combined buffer crosses below the red signal line
3. Divergences (most powerful signals):
- Bullish divergence: Price makes lower lows but indicator makes higher lows (green area grows)
- Bearish divergence: Price makes higher highs but indicator makes lower highs (red area deepens)
Practical Trading Interpretation:
Current Market Bias:
- Bullish bias: Green area consistently above zero line
- Bearish bias: Red area consistently below zero line
- Neutral: Indicator oscillating around zero with neither color dominating
Confirmation Factors:
1. Signal Method Context: Your chosen signal method (Percentage, Fixed, etc.) determines the thresholds
2. Trading Style Setting: Different styles (Range/Trend/News) use different parameters
3. Timeframe Consistency: Longer dominance (multiple bars) is more significant than brief spikes
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开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。