Trading Volume indicator shows the volume of Buying and Selling Trades on the Current Bar Or on average of specific number of last bars as you want
First: if you choose (CalculationBy = BidRatio)
The indicator calculates Buying and Selling Volumes Based on
Bid Price(Close Price)
Means that Bulls = Bid Price - Low Price
Bears = High Price – Bid Price
Second: if you choose (CalculationBy = OpenRatio)
The indicator calculates Buying and Selling Volumes Based on
Open Price
Means that Bulls = High Price - Open Price
Bears = Open Price – Low Price
Third: if you choose (CalculationBy = BodyRatio)
The indicator calculates Buying and Selling Volumes Based on
The Candle Body Length divided on total candle length with respect to its direction
