PROTECTED SOURCE SCRIPT
已更新 [g8] Volume Observer Basic
A simple indicator to highlight surges and drops in recent average volume with custom settings and alerts.
How to interpret the signals: A white signal indicates a surge in recent average volume, meaning we expect a probable move in the direction of the highlighted candle. A gray signal is the opposite: a drop in volume suggesting the current move is losing momentum and may be nearing it's conclusion. Keep in mind that a surge does not always mean bullishness and a drop does not always mean a drop in price is coming, but rather view these signals as the market's interest in continuing or ending the current move.
I made this indicator because I'm terrible at interpreting regular volume bars. I hope you find it useful.
How to interpret the signals: A white signal indicates a surge in recent average volume, meaning we expect a probable move in the direction of the highlighted candle. A gray signal is the opposite: a drop in volume suggesting the current move is losing momentum and may be nearing it's conclusion. Keep in mind that a surge does not always mean bullishness and a drop does not always mean a drop in price is coming, but rather view these signals as the market's interest in continuing or ending the current move.
I made this indicator because I'm terrible at interpreting regular volume bars. I hope you find it useful.
版本注释
A shorter period average volume is compared to a longer period average volume. When the shorter average rises above the longer average, a spike signal (white) is produced. When that comparison shows a drop in relative volume, a drop signal (gray) is produced. 受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。