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VOLUME Simple [Titans_Invest]

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VOLUME Simple [Titans_Invest]
A streamlined volume analysis tool crafted for simplicity and smart signal detection.
Although simple in appearance, this indicator brings intelligent volume-based entries through configurable logic. Its design emphasizes clean and effective interpretation of volume signals.

⯁ WHAT IS THE VOLUME INDICATOR❓
The Volume indicator is a fundamental technical analysis tool that measures the number of shares or contracts traded in a security or market during a given period. It helps traders and investors understand the strength or weakness of a price movement, confirm trends, and predict potential reversals. Volume is typically displayed as a histogram below a price chart, with each bar representing the volume traded during a specific time interval.

⯁ HOW TO USE THE VOLUME❓
The Volume indicator can be used in several ways to enhance trading decisions:

• Trend Confirmation: High volume during a price move confirms the strength of that trend, while low volume can indicate a weak or unsustainable trend.
• Breakouts: A price breakout from a pattern or range accompanied by high volume is more likely to be valid and sustainable.
• Divergence: When the price moves in one direction and volume moves in the opposite direction, it can signal a potential reversal.
• Overbought/Oversold Conditions: Extreme volume levels can sometimes indicate that an asset is overbought or oversold, though this is less straightforward than with oscillators like the RSI.

⯁ ENTRY CONDITIONS
The conditions below are fully flexible and allow for complete customization of the signal.

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🔹 CONDITIONS TO BUY 📈
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 ▪︎   Signal Validity: The signal will remain valid for X bars.

🔹 volume > volume_MA * Trigger Signal (close > open)
🔹 volume > volume_MA * Trigger Signal (Keep State)
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🔸 CONDITIONS TO SELL 📉
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 ▪︎   Signal Validity: The signal will remain valid for X bars.

🔸 volume > volume_MA * Trigger Signal (close > open)
🔸 volume > volume_MA * Trigger Signal (Keep State)
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🤖 AUTOMATION 🤖

• You can automate the BUY and SELL signals of this indicator.
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⯁ UNIQUE FEATURES
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  1. Signal Validity: The signal will remain valid for X bars
  2. Condition Table: BUY/SELL
  3. Condition Labels: BUY/SELL
  4. Plot Labels in the Graph Above: BUY/SELL
  5. Automate and Monitor Signals/Alerts: BUY/SELL
  1. Signal Validity: The signal will remain valid for X barssyot kilat
  2. Table of Conditions: BUY/SELL
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  3. Conditions Label: BUY/SELL
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  4. Plot Labels in the graph above: BUY/SELL
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  5. Automate & Monitor Signals/Alerts: BUY/SELL
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📜 SCRIPT : VOLUME Simple [Titans_Invest]

🎴 Art by  : Titans_Invest & DiFlip
👨‍💻 Dev by : Titans_Invest & DiFlip

🎑 Titans Invest — The Wizards Without Gloves 🧤

✨ Enjoy!
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o Mission 🗺
• Inspire Traders to manifest Magic in the Market.

o Vision 𐓏
• To elevate collective Energy 𐓷𐓏

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.