Constant Volume Bars, TradeFlow and ChartTrader
I use Constant Volume Bars to compress the trading action. I add the RSI to spot trend action and trading range action based on concept detailing in this link. We can see the RSI readings were flashing a weak market for most of this view.
Using the one-tick version of the TradeFlow chart we can see that sell volume line (red) of the TradeFlow Volume Cross Study (TFVCrss) is peaking above the buy volume line (green). This indicates that sellers are currently controlling the market.
However, this view is a very short-term view, and the situation reverses if the buy volume line starts to peak over the sell volume line.
To read more about these two custom studies, please check out my article TradeFlow Custom Studies.