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Downside

Upside Downside Unchanged VolumeUpside Downside Unchanged Volume Plot NYSE or NASDAQ Upside Volume, Downside Volume, or Unchanged Volume (e.g. UPVOL.NY, UVOL, or ADVN.NY) as a percent (values 0 to 1, where 1 = 100%) of Total Volume. Plot Day, Week, and Month volume and/or chart timeframe period volume. Plot volume as a histogram, line, or area. Plot various moving averages of volume points. Horizontal lines at 0, 10, 30, 50, 70, 90, and 100% levels. Inspired by Paul Desmond of Lowry’s Reports.
Indicateur Pine Script®
par insideandup
3
Lowry Upside % VolumeThis script takes the total NYSE volume for the day and determines what percentage of that volume is Upside Volume (or buying volume). What's different in this script compared to others is that the 3 most essential values determined by Paul F. Desmond's Dow Award-winning paper for Lowry's Reports are color coded: 1) 90% Upside Volume Day 2) 80% Upside Volume Day 3) 90% Downside Volume Day According to Paul's award-winning research, these precise criteria are objective definitions of panic selling and panic buying and are generally near major market tops and bottoms. His Dow Award-winning paper on the topic can be explored and scrutinized in more detail here: docs.cmtassociation.org
Indicateur Pine Script®
par BullRiderCapital
7