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Volume Wave Analyzer

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Wave Buy vs Sell Volume (with Box) analyzes the buying and selling volume within a selected range of past candles. It sums volume from bullish bars (where close > open) as buy volume, bearish bars (close < open) as sell volume, and splits volume evenly for neutral (doji) bars. The indicator displays:

Buy Volume and Sell Volume totals over the chosen candle range

Delta (difference between buy and sell volumes)

Buy Percentage representing buying pressure strength

A visual box on the chart highlighting the selected candle range

This helps traders quickly assess market sentiment and volume dominance during recent price movements, supporting more informed trading decisions.

Penafian

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