OPEN-SOURCE SCRIPT
Accurate 10x Volume Spike with Corrected Next Candle Analysis
Description:
The Volume Ten Candles indicator is a technical analysis tool that helps traders identify candles with volume exceeding the previous one by 10 times. This can indicate a potential trend reversal or continuation of the current price movement.
Signal:
The indicator generates a signal when a candle with volume exceeding the previous one by 10 times appears. The signal is displayed on the chart as an arrow or other symbol.
Statistics:
The indicator also displays statistics in the form of a table that shows the number of candles with volume exceeding the previous one by 10 times for a certain period of time. This helps traders assess the strength of the trend and make a decision about entering a trade.
Example of Use:
The Volume Ten Candles indicator can be useful for traders who want to find candles with high volume and use them to enter a trade. For example, if a candle with volume exceeding the previous one by 10 times appears, it may indicate that the market is ready for a price movement. In this case, the trader can open a trade in the direction of this movement.
It is important to note that the Volume Ten Candles indicator is not a guarantee of profit and may produce false signals. Therefore, before using the indicator, it is necessary to conduct testing on historical data and develop a trading strategy.
Statistics Table:
The table displays the number of candles with volume exceeding the previous one by 10 times for each day.
The Volume Ten Candles indicator is a technical analysis tool that helps traders identify candles with volume exceeding the previous one by 10 times. This can indicate a potential trend reversal or continuation of the current price movement.
Signal:
The indicator generates a signal when a candle with volume exceeding the previous one by 10 times appears. The signal is displayed on the chart as an arrow or other symbol.
Statistics:
The indicator also displays statistics in the form of a table that shows the number of candles with volume exceeding the previous one by 10 times for a certain period of time. This helps traders assess the strength of the trend and make a decision about entering a trade.
Example of Use:
The Volume Ten Candles indicator can be useful for traders who want to find candles with high volume and use them to enter a trade. For example, if a candle with volume exceeding the previous one by 10 times appears, it may indicate that the market is ready for a price movement. In this case, the trader can open a trade in the direction of this movement.
It is important to note that the Volume Ten Candles indicator is not a guarantee of profit and may produce false signals. Therefore, before using the indicator, it is necessary to conduct testing on historical data and develop a trading strategy.
Statistics Table:
The table displays the number of candles with volume exceeding the previous one by 10 times for each day.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.