This indicator shows a trend for a day based on a current day candlestick especially for Scalpers and Intraday traders before they trade on lower timeframes.
Green And Red Arrows: -Green arrows up below volume bars indicates a buy for a current day and Red arrows down above volume bars indicates a sell for a current day.
Orange and Black colors on volume bars are showing the volatility ; -Orange indicates High Volatility for a current day then Black Indicates Low Volatility for a current day.