One of the tools that I use

I was asked a question about a chart that I posted, the chart is very simple to calculate and worthy to take space in one of your monitors. The Up/Down Volume in the exchanges, even though I am not the only one who does this I think I am the only one who calculates for the 3 exchanges. Below I have explained how you can monitor the Up/Down volume to make a trade is always helpful to have this indicator on your side. As you can see from today that most of the volume came to the downside and being short was the right thing to do thats what the indicator told you or at least every bounce should have been shorted.
As seen above the formula is simple $UVOL+$UVOL/Q+$UVOA-$DVOA-$DVOL-$DVOL/Q for TOS users they can just copy and paste this in and it should do the trick.