How do I read Volume Pressure?
Quick answerWho is pushing harder: every green candle's volume counts for buyers, every red one's for sellers, smoothed over 25 candles as a share of normal volume. Above 0 buyers lead, past +20 they are in control; below 0 sellers lead, past −20 they are in control.
The details
- Colours: lime when buyers lead, green when in control; soft red when sellers lead, red when in control.
- The white line: the 8-candle average. Columns crossing it means the push is turning.
- Use: price rising with columns over the line has real money behind it; a new high on shrinking columns is running out of buyers.
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