PROTECTED SOURCE SCRIPT
Volume Candle Distribution
The Volume Candle Distribution (VCD) indicator examines the volume distribution across candle type, distinguishes between neutral, bullish and bearish volume pressures.
The VCD indicator calculates and displays the cumulative volume of bullish and bearish candles over a user-defined period, aggregates the volumes of bullish and bearish candles separately and plots them.
Bullish Volume: This is accumulated when the closing price of a candle is higher than the opening price, the VCD adds up the volume of bullish candle within the user-defined period, and consequently subtracts the volume when bearish candle.
Bearish Volume: Conversely, when the closing price is lower than the opening price, the volume of that candle is considered bearish, the VCD sums the volume of bearish candles over the same period, and consequently subtracts the volume when bullish candle.
Neutral Volume: In cases where the opening and closing prices are equal, the volume of that candle is treated as neutral, and the VCD subtracts the volume from both candles.
The 3 Simple Moving Average (SMAs) included is based volume calculated separately for both bullish and bearish volume data, and the sum of them.
The VCD indicator calculates and displays the cumulative volume of bullish and bearish candles over a user-defined period, aggregates the volumes of bullish and bearish candles separately and plots them.
Bullish Volume: This is accumulated when the closing price of a candle is higher than the opening price, the VCD adds up the volume of bullish candle within the user-defined period, and consequently subtracts the volume when bearish candle.
Bearish Volume: Conversely, when the closing price is lower than the opening price, the volume of that candle is considered bearish, the VCD sums the volume of bearish candles over the same period, and consequently subtracts the volume when bullish candle.
Neutral Volume: In cases where the opening and closing prices are equal, the volume of that candle is treated as neutral, and the VCD subtracts the volume from both candles.
The 3 Simple Moving Average (SMAs) included is based volume calculated separately for both bullish and bearish volume data, and the sum of them.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。