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Volume Bias Description: This indicator prints the Volume Bias on the chart Volume Bias is calculated as Up Volume divided by Total Volume. i.e. The percentage of total volume that has an upward bias. When there are more up volume than down volume, the display will show a larger than 50% bias. Otherwise the display will show a smaller than 50% bias. The background color will turn blue if the bias is over 55%, or red if the bias is under 45%. Otherwise the background will display a neutral color. The display is formated as follow: UpVolume: DownVolume=UpBias% You may choose to display the bias at position 1 or 2 Position 1 refers to the top of the chart, 2 is at the bottom. note: This EasyLanguage indicator was written in MultiCharts. I have not tested it in TradeStation or other compatible programs. Please refer to your users manual for importation instructions. Translation to other platform is invited. Volume_Bias_(MultiCharts).pla Volume_Bias_(TS).txt