DepthHouse Better Volume takes the standard volume bars and gives it an extreme overhaul. The brighter colored bars signal strong buying or selling pressure in the market based on the volume. The small lines within the columns represent the duration of this increased buying and selling volume. This calculation is based on negative and positive volume flow....
It's a simple indication. I multiplied the output of bop with volume, make it more smoother.
An indicator that multiply the closing price with the current volume. (close X volume) This will show the relative interest in the underlying asset regardless of the price change over time. For the case of FXCM, when the price fell from $16 to $1, its volume spiked 16x at the same time given the fact that 16x more shares can now be purchased with the same...