Volume Power
Volume Power
Volume Power is a technique that uses the PVT(Price - Volume - Time ) Distribution algorithm .
*** Features
* Pump or Dump Detection .
* Explosive move Detection .
* Better understanding to each candle than normal Price and Volume .
*** Colors Info
* Blue - No effect to the market .
* Green - Pump or Dump Detection .
* Orange - Average Market ( Can affect the market Trend ) .
* Red - Explosive Market ( Can affect the market Trend and Mostly a Potential Reversal ) .
*** Usage
* Red and Orange can be used for Potential Breakout Candles and Reversals .
Green can be used as Pump or Dump Detection that will help you with your stops and high Volatility detection before it happens as leading indicator .
Volume Power is a technique that uses the PVT(Price - Volume - Time ) Distribution algorithm .
*** Features
* Pump or Dump Detection .
* Explosive move Detection .
* Better understanding to each candle than normal Price and Volume .
*** Colors Info
* Blue - No effect to the market .
* Green - Pump or Dump Detection .
* Orange - Average Market ( Can affect the market Trend ) .
* Red - Explosive Market ( Can affect the market Trend and Mostly a Potential Reversal ) .
*** Usage
* Red and Orange can be used for Potential Breakout Candles and Reversals .
Green can be used as Pump or Dump Detection that will help you with your stops and high Volatility detection before it happens as leading indicator .