Volume Percentage Line Graph
- Indicators
- Thushara Dissanayake
- Version: 1.0
The Volume Percentage Line Graph is an indicator designed to provide volume data insights. It retrieves total volume information for each candle and presents it as a percentage of the overall volume. The indicator displays this data as graph lines in a separate window, allowing users to easily visualize the battle between buyers and sellers.
One of the key features of this indicator is its ability to show the volume percentage as graph lines. By representing the volume distribution between sellers and buyers, it offers valuable insights into market dynamics. Traders can quickly assess the relative strength of buying and selling pressure based on the displayed percentages.
This indicator stands out for its simplicity and user friendly nature. It requires minimal parameter configuration, making it easy to integrate into trading strategies without complex adjustments. In terms of parameters, users can specify the desired time period for drawing the volume lines, allowing them to focus on a specific interval of interest.
Overall, the Volume Percentage Line Graph provides traders with a valuable visual representation of volume distribution, empowering them to make informed trading decisions based on the battle between buyers and sellers.
Parameters
- Volume Parameters
- Time Period - Time period for draw lines.
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