Knowing when to trade vs when not to trade is one of the most valuable skills you will acquire as a trader. This Script displays the volume bars as an Oscillator, with a "dynamic" center-line rather than a static line.
When the volume bars are above the dynamic center line, consider taking entries. When below, market tends to be flat or slow moving and choppy.
Volume EXTREMES are highlighted with glowing "Orbs" along the dynamic center line.
When the volume bars are above the dynamic center line, consider taking entries. When below, market tends to be flat or slow moving and choppy.
Volume EXTREMES are highlighted with glowing "Orbs" along the dynamic center line.