Volume Breakout
- Indicatori
- Fernando Sanches
- Versione: 2.20
- Attivazioni: 5
One of the Best Volume Indicators, with the addition of a Moving Average for weighting volume over time average.
If the "Current Candle" Volume is X% greater than the Moving Average value, we will have a sign of increasing volume.
It can be a sign of Beginning, Continuity, Reversal or Exhaustion of the Movement.
Fully configurable and all options open, you can color and set ALL values as you see fit.
The 'Volume Break' shows volume bars in the same color as the candlestick, in addition to being aligned with a moving average. Average shows the average value of volume over a period.
If the volume rises more than 75% (default value) of the average, the bar lights up...
...a lit bar is a signal.