Relative Volume Force Index

27 thg 6, 2022

This indicator can anticipate the market movements. Its posible because it calculates how much force (volume) it's necessary to move the price up or down. If it's necessary a lot of volume to move the price a little it's a reversion signal, but if a little volume could change the price whit elevate volatility, it's signal of reversion too. The indicator plots red if the market is down, and green if it's up, the size and the color of the bars cand demonstrate the movement relative force. Does it by the configurable averages. Not works well whit poor liquidity.

19 thg 5

Phát hành các Ghi chú

Cleaning the code and insert time start.

19 thg 5

Phát hành các Ghi chú

Update chart