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Recent Volume Higher Oscillator [Takazudo]

4 529
This indicator has two lines that are the recent volume EMA and the past volume EMA. When the recent one is higher than the past one, it highlights the background. It means the volume is relatively getting higher.

This oscillator is designed to detect the entry timing for trend following strategy. It is said that we need to confirm the trend by the volume.
版本注释
  • added volume histogram
  • put more weight to recent volume
版本注释
screenshot update

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