Buy Sell Calendar Indicator by LuxAlgo
The Buy Sell Calendar indicator provides traders with a visual sentiment analysis tool for daily or monthly market trends. This innovative script helps identify bullish or bearish periods through three distinct calculation methods.
Key Features
🔶 Customizable Settings
- Frequency: Choose between "Daily" or "Monthly" analysis
Sentiment Methods:
- Linreg (Linear Regression)
- Accumulated Deltas
- Max/Min price comparison
- Timezone Offset: Adjust for your local UTC offset
- Limit Date: Set analysis timeframe boundaries
🔹 Calendar Display Options
- Toggle calendar visibility
- Adjust position and size on your chart
- Color-coded cells (green = bullish, red = bearish)
How It Works
The indicator retrospectively marks new days/months with vertical lines colored according to the prevailing sentiment. Three calculation methods determine market bias:
Linreg Method
- Uses least squares regression to analyze price slope
- Rising slope indicates bullish sentiment
Accumulated Deltas
- Tracks cumulative price changes
- Strongest directional movement determines sentiment
Max/Min Analysis
- Compares price to trailing max/min averages
- Bullish when price exceeds midpoint average
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Buy-Sell Volume Bar Gauge by MUQWISHI
This volume analysis tool provides granular insight into buying/selling pressure within each candlestick using micro-timeframe data (as low as 1-second intervals).
Core Functionality
▋ Volume Classification System
- Up Volume (positive price change)
- Down Volume (negative price change)
- Neutral Volume (no significant change)
▋ Advanced Settings
- Data source selection (1s default if invalid timeframe)
- Price reference options
Neutral volume handling:
- Count as neutral
- Follow previous move
- Opposite previous move
- Volume averaging period
- Custom alert thresholds
Practical Application
The color-intensity of volume bars reflects their deviation from average levels, helping traders spot:
- Unusual buying/selling activity
- Potential momentum shifts
- Volume confirmation for price movements
FAQ Section
How accurate are these buy/sell indicators?
While highly informative, these tools should complement—not replace—comprehensive analysis. Their accuracy depends on proper configuration and market conditions.
Which timeframe works best?
The calendar performs well with daily/weekly charts, while the volume gauge excels in shorter timeframes (1-15 minutes) for scalping.
Can I combine both indicators?
Absolutely! The calendar provides macro-trend context while the volume gauge offers micro-level confirmation.
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Conclusion
These sophisticated buy/sell analysis tools offer traders:
- Visual sentiment tracking (calendar)
- Granular volume breakdown (gauge)
- Customizable parameters for various strategies
- Complementary perspectives on market dynamics
Remember to backtest any strategy and consider multiple confirmation signals before executing trades. Both indicators work best when combined with price action analysis and risk management principles.