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Dynamic Volume Levels & Breakouts

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Description

This mathematical indicator exposes the different volume-weighted multi-temporal key price levels and their breakouts.

Background

The volume factor allows us to align our analysis to institutional activity, this gives us a guarantee of “true” movement behind the price action. In addition, the 200-session factor naturally acts as a “magnet” where the price tends to interact statistically. Finally, in conjunction with these two variables, multi-temporality is integrated, which gives us a full spectrum of levels of interest.

By default, the indicator shows breakouts and is strategically distributed (most traded timeframes).

The indicator is fully customizable according to each strategy.

Suggestions for use

Institutional levels
Dynamic support and resistance
Death and Golden Cross
Trend confirmation and strength

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.