Volume Buy/Sell Footprint with Strong Trendline

🔹 Summary of Indicator usage: Volume Buy/Sell with Strong Trendline
✅ Outstanding features of the indicator
✔ Analyze the volume of buying (Buy Volume) and selling (Sell Volume)
✔ Calculate the average volume of trading with SMA
✔ Identify the market trend with Pivot High / Low
✔ Automatically draw Demand-Supply Box
✔ Display abnormally high Volume signal (High Volume Signal)
📌 1. Calculating the volume of buying and selling (Volume Footprint)
Buy Volume → When the candlestick closes positive (Close > Open)
Sell Volume → When the candlestick closes negative (Close < Open)
📌 2. Calculating the average volume of trading (Volume Average)
Calculate the SMA of the last 20 Volume bars
If the current Volume is higher than 1.5 times the average → Volume Signal
📌 3. Calculate the Swing High / Swing Low points
Swing High → The highest point in the 5 bars before & after
Swing Low → The lowest point in the 5 bars before & after
📌 4. Demand-Supply Box (Automatic Support-Resistance Box)
Create Demand Zone (green) → Buy Volume is greater than Sell Volume
Create Supply Zone (red) → Sell Volume is greater than Buy Volume
If there is no clear signal → Use Blue Box
📌 5. Show trading volume on the graph
Green numbers (under the candlestick) → Buy Volume
Red numbers (above the candlestick) → Sell Volume
📌 6. High Volume Signal (alert when trading volume is unusually high)
Shows a purple triangle above the candlestick
Used to identify zones with unusually high trading volume
📊 7. How to use
✔ Use Demand-Supply Box to find turning points
✔ View Swing High / Swing Low to find support-resistance
✔ Follow High Volume Signal to find buying/selling opportunities
✔ Analyze trading volume from the numbers shown on the graph
✅ Suitable for traders who want to analyze trading volume in depth with automatic support-resistance 🚀

This indicator works on
#crypto #forex #gold and all assets.