Exceptionally high volume and rapid price expansion are key markers of powerful moves, especially when they occur during a breakout or breakdown. The High Volume Expansion Channel (HVEC) uses our multi-timeframe fusion and price compression/expansion algorithms to look for high volume and rapid expansion from multiple higher timeframes at once. It uses this info...
Greetings, fellow traders! Throughout my trading career, I've been intrigued by the dynamic interplay between candlestick patterns and trading volume. This fascination led me to develop an open-source indicator to help illuminate these patterns for the broader trading community. Upon researching the Public Library, I found that many indicators relating to...
This indicator has many components; below, each component is explained and how it can be used as a trading tool. The indicator analyzes past volume movements, allowing you to visualize selected volume percentages above and below candles and to visualize live recovery of High-Volume Candles. 1) The High-Volume Candles project to the current time to show how...
Uses 5 volume moving averages to change the candlestick color depending on how high above average volume is. The volumes plotted at the bottom of the chart are set to the same settings as the indicator, you can see the volume bars that stick higher above the orange moving average are a different color on the chart to the smaller ones. Any volume bar that is...
This high volume indicator is highlighting each candle which has higher percentage than the average of previous X days. You can add the amount of previous days and the percentage we want to find.. We can also add an amount of Volume we want to highlight and It will highlight the exact amount and higher volumes..