Hello Guys. I'm very very happy to release a new indicator after a really long time
The reason I created this indicator is, we often forget the importance of volume.
Volume is a signal of the start of a strong trend, and a very good example of how long a trend can continue.
Why do we forget the importance of trading volume? Right, because we use a timeframe that is too small, Most of the time we trade, the candles are largely free of volatility and low in volume.
So if we forget to check volume sometimes, no problem.
But when trading on a big trend, we can't ignore it.
I hope this volume indicator made using Z-Score will help you.
=========================================================================================== People sometimes call us gamblers. They even accuse us of being unnecessary for the things we study with passion.
But I believe, we can definitely find a good meaning.
Phát hành các Ghi chú
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Add 1 steps for Z-Score Color. Add bool option for display volume value.
Phát hành các Ghi chú
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Add "Alert Z-score" If the Z-Score of the current volume is higher than the "Alert Z-Score", an alarm occurs.
@BAJI26, I don't know all yet what the volume values represent in the market. However, high volume is sometimes the beginning of a trend and also the end of a trend. If you look at it along with a trend indicator (it can be a supertrend or an ema 200) or a trendline you see, trading opportunities due to 'price action' will easily emerge.