Volume Extension [DepthHouse]

DepthHouse Volume Extension uses average calculations to determine the dynamic range which the volume travels through. Any spike above the line represents an over extension in average volume .

The colored bars are then calculated in a similar way, which measures a combination of both price and volume action to determine bull & bear exhaustion levels, and possible entry/exit points for big players.

This indicator is 100% free, so if you benefit from using it, please consider supporting me by checking out the several other indicators available on my page :)

May 04

Versionshinweise: fixed extension reading lag