Volume Spike Analysis
- Indicadores
- Rhomeroo Ltd
- Versão: 2.0
- Atualizado: 20 abril 2020
- Ativações: 5
This indicator averages the last 5 bars (determined by the input parameter 'Average_Bars' defaulted at 5 which can be adjusted). Muliplies this average volume by the input parameter 'Multiply_Volume' (default 1.5), then compares this to the current volume bar.
If there is a significant increase in the current volume, the indicator is flagged.
This is to determine when the 'big players' buy/sell into the market, or if there's significant activity behind a price increase/decrease.
Good one