Bullish/Bearish Phases

29 thg 11, 2018

Hello traders!

This indicator shows you bullish or bearish dominance during the specified period and is based on the volume calculations. Why? Volume acts as an excellent confirmation tool of the price movements and is used to determine if an instrument is gaining or losing momentum.

Bullish/Bearish Phases can be used to find out divergences with the price. It will work on ANY instrument that has available volume data.

NOTE: The blue circles appear on the local peaks.

I attached some screenshots to show you how it works with other instruments.













Happy Trading!

26 thg 12, 2018

Phát hành các Ghi chú

• Changed styling
  

1 thg 2, 2019

Phát hành các Ghi chú

• Added smoothing with Jurik Moving Average

27 thg 7, 2020

Phát hành các Ghi chú

• Update