VPBar‴ | Volume & Volatility Power Bar‴

16 Eki 2021

What does it do?
Draws the volume demand into the candlestick in order for you to identify the volume power in during candle formation.

How does it work?
Super easy. It's not too obvious how the volume power affects the market movement by just looking at the volume bars. This indicator transfere to the candlesticks the volume power demand which helps the trader understand the more/less probability of the market moving foward or reverting.

What's my filling?
Gives you a quick perception of the lastes market demand over the market movement. It makes total sence seeing the volume in such a very obvious format.

Indicator features:
- Volume Power (1): green and red gradient volume power (5 green gradients and 5 red gradients)
- Volume Power (2): market standard gradient for positive and negative candles (only 5 colors for both market directions - doesn't help allot, reason why I created this indicator)
- Trend Color Bar: let the candlesticks show you the trend and its reversal
- Momentum Power: besides to the above features, you can add a momentum power indicator with arrow and/or moving average lines crossing

To have access to this indicator, please DM me.
Don't contact me in the comment area.

6 May

Sürüm Notları

Color adjustiment.