RedK VADER - Volume-Accelerated Directional Energy Ratio

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RedK VADER - Volume-Accelerated Directional Energy Ratio
Overview
RedK VADER is an indicator that analyzes market trends by calculating the energy ratio based on price movement and volume. It utilizes Zero Lag EMA smoothing to provide faster and more responsive signals.

Features
✅ Considers both price action and volume: Calculates the energy ratio of upward and downward movements to assess market strength.
✅ Zero Lag Smoothing: Uses EMA-based smoothing to minimize lag and improve responsiveness.
✅ Histogram Display: Helps visualize trend strength and potential reversals.
✅ Simple yet effective: Uses short-term and long-term energy differences to generate intuitive trade signals.

How to Use
📌 Blue Line (RedK VADER): Indicates trend direction and strength.
📌 Orange Line (Signal Line): A smoothed version of VADER; crossovers provide trade signals.
📌 Histogram (Green Bars): Represents the difference between VADER and the signal line. When crossing the zero line, it may indicate a trend reversal.

Trade Signals
🔵 Buy Signal: When RedK VADER crosses above the signal line.
🔴 Sell Signal: When RedK VADER crosses below the signal line.
⚡ Trend Strength: The larger the histogram bars, the stronger the trend.

Use this indicator to gain deeper market insights and enhance your trading decisions! 🚀

5 Apr

Nota Keluaran

This script is no longer supported or maintained.

The indicator is no longer available for public use.
Please remove it from your chart if you are still using it.

Thank you for your understanding.

5 Apr

Nota Keluaran

This script is no longer supported or maintained.

The indicator is no longer available for public use.
Please remove it from your chart if you are still using it.

Thank you for your understanding.