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REVENUE : "Breakout filter" Filter 1

Panjang
MYX:REVENUE   REVENUE GROUP BERHAD
Filter 1: Price & Volume Breakout (Default symbol: Tiny Yellow Triangle)

Filter 1 focuses on identifying breakouts based on both price and volume criteria. It considers the following conditions:

- Price Breakout: The close price crosses above the Donchian Channel's middle line, indicating a potential upward breakout.

- Volume Breakout: The trading volume exceeds the moving average of volume, suggesting increased market participation during the breakout.

When both the price breakout and volume breakout conditions are met, Filter 1 generates a signal indicating a potential breakout in the market. This filter helps traders identify significant price movements accompanied by higher trading volumes.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.