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This indicator plots positive values above the zero line, and negative below.
A positive value above the zero line suggests there is enough market support to continue to drive price activity in the direction of the current trend. A negative value below the line suggests there is a lack of support and prices may begin to become stagnant or reverse.
The Bid/Ask Volume ratio compares the representation of buyers vs. sellers over a period of time. It helps identity divergence and/or trend changes based on price action.
The assumption is that if a stock closes UP, the attributable volume was induced by buying activity and thus the instrument is under accumulation. Conversely, if a instrument closes DOWN, the trading activity is deemed to be selling induced, a sign of distribution.
You will need 1 license per trading computer. Example: If you want to install on a desktop, laptop, and a work computer, you will need a license for 3 computers. Each license comes at a discount.