Volume Bias

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Here’s an indicator that calculates the difference between the average distance we need to look back to find the up and down volume equal to the total volume of the last n bars. The further we need to look back to find the up or down volume, the more bearish or bullish its value is.
A not-yet published indicator from the PS-V5 blog!

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ملاحظات الأخبار

Updated the chart for better visibility.

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ملاحظات الأخبار

Updated the name.