A script that shows when $Vold and $Add are moving in same direction

T

Thepremier

New member
Hello. Can someone create a script that would show when $VOLD and $ADD are moving in the same direction? The script should be able to be used for any timeframe. In my mind it would look like the TTM Squeeze indicator. On a 5 minute chart, if they both are moving up the indicator would be a green bubble. If they both are moving down it would be a red bubble. If they are moving in opposite directions the bubble would be blue. This would be a great indicator for those of us who trade SPY Or SPX. No histogram just bubble plots.
 
BenTen

BenTen

Administrative
Staff
VIP
Warehouse
For simplicity sake, you can just create a new chart, enter either $VOLD or $ADD into the main chart. Add a new indicator called Comparison and enter the other name that you would like to compare to.

 

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