VR1 DEMA

2024年3月27日

Sure, here's a description for the "Volume Range Dual EMA" indicator:

---

**Indicator Name:** Volume Range Dual EMA

**Description:**
The "Volume Range Dual EMA" indicator is a technical analysis tool designed for TradingView charts. It calculates the ratio of volume to the price range of each bar and plots two Exponential Moving Averages (EMAs) of this ratio.

**Usage:**
- This indicator helps traders analyze the relationship between volume and price range in a given timeframe.
- The primary purpose of the indicator is to identify trends and potential changes in market sentiment based on volume and price movements.
- Traders can adjust the lengths of the EMAs according to their trading strategies and preferences.
- When the shorter EMA crosses above the longer EMA, it may signal a bullish trend, whereas a crossover in the opposite direction could indicate a bearish trend.

**Parameters:**
1. **EMA Length 1:** Defines the length of the first Exponential Moving Average (EMA) used in the calculation.
2. **EMA Length 2:** Defines the length of the second Exponential Moving Average (EMA) used in the calculation.