PROTECTED SOURCE SCRIPT
CAT Volume Accumulation
This indicator colors volume bars depending on change in price and volume. It helps traders to identify volume accumulation patterns.
The main interest for us is clusters of the blue bars and large green bars.
The blue volume bars are up days with unusually high trading volume .
Green bars are up days with normal trading volume .
Red bars are down days with elevated trading volume . It is not advisable to buy a stock on a day like that.
It makes sense to wait until a red down down is followed by a gray day, when price stop making lower low and trading volume dries down. That is a signal that bears lost momentum.
If we see a cluster of several blue bars that tells us there are institutional buyers building a position out there.
If we get a pullback that follows that volume accumulation pattern represented by several blue and large green bars that increases our chances for continuation of the move higher after a pullback.
The main interest for us is clusters of the blue bars and large green bars.
The blue volume bars are up days with unusually high trading volume .
Green bars are up days with normal trading volume .
Red bars are down days with elevated trading volume . It is not advisable to buy a stock on a day like that.
It makes sense to wait until a red down down is followed by a gray day, when price stop making lower low and trading volume dries down. That is a signal that bears lost momentum.
If we see a cluster of several blue bars that tells us there are institutional buyers building a position out there.
If we get a pullback that follows that volume accumulation pattern represented by several blue and large green bars that increases our chances for continuation of the move higher after a pullback.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.