Hi,
I would like to know how we can determine if the volume on a bar comes from buying or selling?
In Tradeguider there is such an indicator appearing as a bar on the top right and showing if volume is due more to buying than to selling.
How do we compute it? Is it related to the high, low and close of a bar?
I would like to know how we can determine if the volume on a bar comes from buying or selling?
In Tradeguider there is such an indicator appearing as a bar on the top right and showing if volume is due more to buying than to selling.
How do we compute it? Is it related to the high, low and close of a bar?