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I am not expert on Volume indicators, so what I am looking for may already exist. I am looking for two indicators in one pane, ie two llines that cross from time to time. Red indicator is the MA of down volumes, Green indicator is same MA of up volume bars. Up and down volume is defined by up or down price on same bar.
I realize that during a sequence of several up or down bars, the MA will move toward zero. Whether this is good or bad, I don't know, but varations can be considered after expermentation. Any help finding or creating would be appreciated.
Regards, Will
I realize that during a sequence of several up or down bars, the MA will move toward zero. Whether this is good or bad, I don't know, but varations can be considered after expermentation. Any help finding or creating would be appreciated.
Regards, Will