OPEN-SOURCE SCRIPT

MyBalance

The purpose of this indicator is to give a quick snapshot of the balance between buyers and sellers. I've identified a few patterns which accurately indicate the market faze. If anyone identifies patterns or alternate uses, please share.
balancebullsandbearsChart patternsTrend AnalysisVolume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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