Sumo Volume Candles
Sumo Volume is an attempt to extract buying and selling volumes from tick volume and price data.
Not only does it show buying and selling volumes but further shows smart and dumb money volumes!
Works on all symbols and time frames, alerts of all types included, histogram auto resizes according to chart zoom.
- Know who is most active at support & resistance levels, bulls ? bears ? the big boys ? the small players ?
- Give your volume & price analysis an edge!
- Give your price action analysis an edge!
- Know when and when not to enter your trades based on volume!
Note: This indicator is an aid to your analysis and not a full fledged system, trade with confirmation and confluence.
The "Sumo Levels" in the screenshots are separate indicators and added for illustration.