Find out if Bulls (buys) or Bears (sells) are moving the price. This gives a clear view of activity, even if you are using a higher time period. The lookback is in minutes, I believe. This is a superior volume indicator. Bars are recolored to show the underlying activity per the look back (minutes).
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In this version I fixed the average volume (grey background). If volume eclipses the grey area, its above average by 30 periods.
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Automatic lookback. Bar re-color option. Wow! Really shows whats going on.
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I got rid of the old way displayed. This is much more useful and looks totally different. I added Standard deviation bands. Now you know if the volume is really on. I used a hard coded lookback of 30 because its supposed to be significant (?) Now you can really see a summary of the underlying minute to minute activity on higher bands.
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I added a resolution dropdown box and a lookback period. I think this is closer to my original idea. You can view longer periods on a small timeframe. I think you can do vice versa like I originally intended. Not sure, but this is likely final update for this one. I realize now this is like an On Balance Volume indicator with some extras. I think this version is more useful.
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Changed some unnecessary code and default settings.