A volume dashboard indicator tracking buying and selling volume, put to call ratio, and market sentiment through cumulative volume analysis and ratio calculations.
Explore complementary indicator rolesHow it works
The Volume Dashboard indicator calculates buying and selling volume by analyzing candle colors during NYSE trading hours. Green candles represent buying volume, while red candles represent selling volume. It computes a Buy to Sell Ratio by dividing buying volume by selling volume, providing insight into market participation.
Additionally, the indicator pulls Put to Call Ratio data and displays current volumes, ratios, and their respective Simple Moving Averages (SMAs). Users can customize session times, timeframes, and SMA lookback periods to suit their specific trading needs and preferences.
Why it may be useful
The Volume Dashboard helps traders understand market dynamics by quantifying buying and selling pressure through volume analysis. By tracking the Buy to Sell Ratio, traders can gauge whether buyers or sellers are dominating the market, providing crucial insights into potential trend directions and market sentiment.
The indicator's Put to Call Ratio analysis offers additional context, helping traders interpret options market sentiment. By displaying volume changes and their SMAs, traders can identify consistent buying or selling trends, enabling more informed trading decisions and better risk management.
When to explore it
This indicator is most effective during active trading sessions, particularly for short-term traders focusing on intraday price movements. It works best in liquid markets with consistent volume and clear directional trends, such as major stock indices or heavily traded individual stocks.
Traders should use this tool when seeking to confirm trend strength, identify potential reversals, and understand underlying market dynamics. It is particularly useful for scalpers and day traders who require real-time insights into market participation and sentiment.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
