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已更新 Buying Selling Ratio with Label

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The "Buying Selling Ratio with Label" indicator calculates and displays the buying and selling ratio based on volume and price movements. Here's a description of its functionality:
The indicator calculates the buying and selling volumes using the formula:
Buying = Volume * ((Close - Low) / (High - Low))
Selling = Volume * ((High - Close) / (High - Low))
This calculation determines the volume distribution between buying and selling pressure within each bar.
The indicator then calculates the Buying Selling Ratio (BSR) as a percentage using the formula:
BSR = (Buying / (Buying + Selling)) * 100
The BSR value represents the proportion of buying volume relative to the total buying and selling volume.
The BSR is plotted on the chart as a line, with colors indicating different market conditions:
If the BSR is above the overbought level (defined as 90 in this example), the line is displayed in red.
If the BSR is below the oversold level (defined as 10 in this example), the line is displayed in green.
Otherwise, the line is displayed in blue.
Additionally, the indicator includes labels above each bar to show the buying and selling percentages for that specific bar. The labels display the text "Buy: X%, Sell: Y%", where X represents the percentage of buying volume and Y represents the percentage of selling volume for the given bar.
By enabling the "Show Past Labels" option, the indicator displays labels for previous bars. Otherwise, it only displays the label for the latest bar.
Overall, the indicator provides insights into buying and selling pressures and their relative strengths based on volume analysis.
The "Buying Selling Ratio with Label" indicator calculates and displays the buying and selling ratio based on volume and price movements. Here's a description of its functionality:
The indicator calculates the buying and selling volumes using the formula:
Buying = Volume * ((Close - Low) / (High - Low))
Selling = Volume * ((High - Close) / (High - Low))
This calculation determines the volume distribution between buying and selling pressure within each bar.
The indicator then calculates the Buying Selling Ratio (BSR) as a percentage using the formula:
BSR = (Buying / (Buying + Selling)) * 100
The BSR value represents the proportion of buying volume relative to the total buying and selling volume.
The BSR is plotted on the chart as a line, with colors indicating different market conditions:
If the BSR is above the overbought level (defined as 90 in this example), the line is displayed in red.
If the BSR is below the oversold level (defined as 10 in this example), the line is displayed in green.
Otherwise, the line is displayed in blue.
Additionally, the indicator includes labels above each bar to show the buying and selling percentages for that specific bar. The labels display the text "Buy: X%, Sell: Y%", where X represents the percentage of buying volume and Y represents the percentage of selling volume for the given bar.
By enabling the "Show Past Labels" option, the indicator displays labels for previous bars. Otherwise, it only displays the label for the latest bar.
Overall, the indicator provides insights into buying and selling pressures and their relative strengths based on volume analysis.
版本注释
//update开源脚本
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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。