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Date/Time: Sat, 22 Feb 2025 09:14:32 +0000



Post From: Buy/Sell Pressure Study Help

[2014-04-26 01:33:50]
cmet - Posts: 640
Sure if you can use the exact formula mentioned above where the output is expressed as percentage.

Total Upticks + Total DownTicks is not volume though. It's how many times the bid was hit or the offer lifted without regards to the amounts traded.

This is really not a complex indicator. The only thing that might be challenging is to get it to display as described above. The vertical "meter" is nice but a horizontal one like those shown in the first image is fine too.

Just looking for something that's very clear by just glancing at it.