Overview The indicator displays the expected volume up to the closing time of the session. Calculations The real volume is proportional to the projected volume, just as elapsed session time is proportional to entire trading session. Knowing the actual volume, the elapsed time of the session and the total time of the trading session, it is possible to find out...
The indicator projects what each candle's final volume will be based on the amount of volume per second so far. Options: Disable Projected Volume: Show current volume Instead of projecting the final volume Show Volume Pressure: Adds a visual representation of the volume from the candle wick that is moving against the current direction. When Volume...
Projected Support And Resistance is a custom indicator of mine loosely based on the work done by Ketan Asher (Stocks and Commodities Bonus Issue 2021 pgs 12-14) and generally speaking this does a pretty good job of telling you what the future behavior of the stock will be. As the lines widen apart, there will be either upward or downward momentum. Buy when the...