PROTECTED SOURCE SCRIPT
volumetrend
this is volume indicator based on the following:
1. each candle is calculated per the 100 previous days for significance volume (green and blue cross)
less strong volume candles are in lime
2. exact the opposite with color (red and orange for very strong sell volume candles)
the buy and sell depend on ema cross ma points
alerts only on the highest bull candles
the indicator give visual idea on point of change from volume stand points and trend
1. each candle is calculated per the 100 previous days for significance volume (green and blue cross)
less strong volume candles are in lime
2. exact the opposite with color (red and orange for very strong sell volume candles)
the buy and sell depend on ema cross ma points
alerts only on the highest bull candles
the indicator give visual idea on point of change from volume stand points and trend
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