PRO Candle Volume (highlight candles with volume)

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

PRO Candle Volume (highlight candles with volume)

Postby Phil_RX » Fri Oct 23, 2015 4:44 am

OVERVIEW :



DESCRIPTION :
PRO CANDLE VOLUME is linking volume pattern to the candle display. Highlighting the candles that need to catch your attention because they appear to be relevant regarding the average traded volume of the previous bars. When a candle is showing high volume combined with a directionnal candle (with a big body and short shadows) we often face what the price study is calling a « Volume Climax ». Climax are a very precious trading information about the volume. And volume is price’s fuel ! So missing such information is a waste ! But sparing a dedicated chart area for the volume display doesn’t really worth this information. This is why CANDLE VOLUME deserves it’s PRO designation ! It will color candles that need your attention and allow you to switch on an off a volume overlay on the price canvas with a right click command. You’ll no longer need loose some previous chart space for the volume display. Plus the indicator is also detecting reversal patterns on the volume. you’ll have a few exemples in the video.


DOWNLOAD :
PRO Candle Volume.bin
(3.84 KiB) Downloaded 478 times
(Dark Backgound preset, updates & support via the website)
More free & paid indicators available here : http://pro-indicators.com

Post updated for TS v 1.14.xxxx
Phil_RX
 
Posts: 29
Joined: Wed Oct 07, 2015 3:17 am



Return to Custom Indicators

Who is online

Users browsing this forum: Baidu [Spider], Bing [Bot] and 67 guests