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Volume Biased Candles

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Volume Biased Candles

This indicator visualizes the underlying volume polarity of price action by coloring candles based on directional volume bias over a rolling bucket of bars.
Instead of reading price alone, each candle reflects whether buying or selling pressure has dominated within its recent volume structure — giving a more intuitive picture of volume sentiment beneath price movement.

🔹 How it works

Bucket Size (n) → defines how many candles are aggregated to evaluate directional volume bias

For each bucket, total up-volume and down-volume are compared to determine overall market pressure

Volume Bias Score → a continuous ratio from -1 to +1, representing the relative dominance of buyers or sellers

Candles are colored according to the active bias — green for positive (buying), red for negative (selling)

🔹 Use cases

Visualize shifts in market control without needing divergence overlays

Combine with delta divergence or price structure tools to validate entries and exits

Simplify volume and price insights into an intuitive, single-chart visualization

Volume Biased Candles transforms standard candles into a live sentiment gauge, revealing whether the dominant flow behind price movement is bullish or bearish.

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