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Trader Set - Volume Strength Momentum

This is a momentum indicator of the volume's strength index. The "concept" is taken from the RSI although the formulation is not anything close to it !!!
The concept of RSI is that we take the strength of the price and show it as an oscillator, this will show the balance of strength between buyers and seller.
In Volume Strength Momentum, the concept is to find the strength balance between selling and buying volume and calculate the momentum of it. This will become another leading indicator that shows possible critical moments that we can have a shift of strength on volume.
The formula for the strength and momentum calculation is original and not related to rsi in any shape or form.
The concept of RSI is that we take the strength of the price and show it as an oscillator, this will show the balance of strength between buyers and seller.
In Volume Strength Momentum, the concept is to find the strength balance between selling and buying volume and calculate the momentum of it. This will become another leading indicator that shows possible critical moments that we can have a shift of strength on volume.
The formula for the strength and momentum calculation is original and not related to rsi in any shape or form.
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仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下,付款后即可获得许可。更多详情,请按照下方作者的说明操作,或直接联系CAB_Member。
TradingView不建议您付费购买或使用任何脚本,除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。