Pinescript 5 version of buy/sell volume indicator with average. This script is original in that there are no versions of this study written in Pinescript 5 that I know of and while I've seen other buy/sell volume scripts this one includes a moving average.
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Small change with text string. It's an SMA not an EMA.
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Users now have the option of plotting the average volume behind the candles or in front of the candles.
@Taofeekkasumu, Not anymore! If you update the indicator, it will only show results on timeframes lower than D! And the display of the indicator changed, it became simply terrible! So don't update under any circumstances!
a3uk06
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Hello! For some reason the indicator became very terrible about a week ago. Its values are almost always off the charts (The indicator no longer looks like in your screenshot!) and in this form it is practically useless as a filter. In addition, this now does not work on timeframes from D and higher! The indicator simply does not display any values! Could you share the previous version please?