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spivster

08/29/14 1:07 PM

#89374 RE: specutator #89370

It's not erroneously. It is as simple as it gets.
If you look at that chart you see that each trade at the ask price is listed as a buy. Each trade at the bid price is listed as a sell.
The indicator simply shows the total buy (positive) vs sell (negative) trades.

How you interpret this fact is up to you.

If I buy an apple listed at the ask price in the shop, It's a positive trade for the shop.
If I bid lower for the apple than the ask price & the shop owner agrees, it's a negative trade for the shop (in this case because he made less profit).