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Volume indicator that predicts total volume of current candle 14 replies
DislikedDespite the buying delta,
Most of the trading volume was from buyers.
Yet sellers managed to prevail and push the price down, turning the candle into a bearish candle.
When this occurs, we trade in the same direction as the previous candle — downward.
This signal is incredibly accurate. {image}
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DislikedThis signal is very interesting and very easy to find almost all the time.
Notice that we had the POCs/horizontal lines on the chart indicating that in this region there were many sellers.
When the candle reached these resistance lines, the value shown in the candle’s volume was also negative even though the candle was a bullish candle.
I had no other alternative but to make a sale. {image} {image}
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