IT_VolBB

The VolBB indicator plots volume for VSA purposes. It has self-adjusting volume bands, widening during volatile markets and contracting during calmer periods.

Here is the Legend box that can be turned on or off.

 The bar colors are:

Blue - Price closes higher than previous bar

Red - Price closes lower than previous bar

Fucshia - Volume is less than previous 2 bars (no demand/ no supply)

Black - Price closes the same as previous price bar.

Here you can see the horizontal line at your low volume setting, the optional Market Depth Ratio box and the colored squares at the base of each bar indicating if there was volume up or down.

The parameter settings show all the options including alerts and sound  options

New updated VolBB now has option to show potential Support and Resistance signals which can alert you to either exit or enter.

NT7 version now available.

New updated VolBB now has option to show potential Support and Resistance signals which can alert you to either exit or enter.