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Volume Indicator


Giggskills

Question

Hi All, when the volume bar prints a red or green candle, how do we know how many buys or sells are in the time period? Say 15mins.

i have tried to go down to the lower time frame to count but it does not tally. Does that mean the volume indicator is not accurate or reliable. 

Appreciate if someone can shed some light on my query above. 

Also it will be helpful to show in the HOLC data box the no. of buys vs the sellers instead of just total volume transacted. Thanks in advance. 

Screenshot_20221104_085219.jpg

Edited by Giggskills
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You dont know anything about the makeup of the volume bar, it is simply calculated off the price action. Here are the two methods you can choose in Pro Real Time, and Im guessing MYIG does something similar in how the apply colour to the Volume bar..

 

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