OPEN-SOURCE SCRIPT

TTT Sentiment Indicator

92
This indicator plots the NYSE uptick vs. downtick volume ratios and can be used as a short-term sentiment indicator of buying pressure (FOMO) when UVOL/DVOL is high and selling pressure (panic selling) when DVOL/UVOL is high. These ratios are used informally by Chris Vermeulen of The Technical Traders as a contrarian indicator on a 30 minute chart.

This script isn't created, approved, or supported by The Technical Traders, but was created by a TTT subscriber to support the request of other subscribers. I'm not planning to upgrade or support this indicator or answer questions on how to use it. It's open source, so users can make their own copy and edit as they see fit.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.