The colour bars: Green: Price up - Volume > 2 x STD of last 21 bars Blue: Price up - Volume > 1 x STD of last 21 bars Maroon: Price down - Volume > 2 x STD of last 21 bars Purple: Price down - Volume > 1 x STD of last 21 bars Grey: not high volume bar Green line: 2 bar sma Red line: 8 period sma of the greenline Bollinger band: 55 period sma of the 21 period sma...
Here simply calculate the CCI of the volume, this will use to measure the strength of the trend of the volume Background: I think the volume as the price could be represented by candles or other graphic to use indicators and strengthen their analysis, due to lack of registration of this it is first necessary to calculate a volume graph, if the candle...
With this, i calculate RSI of the HL2 of the volume and use like an oscillator, this will use to measure the strength of the trend and the "Volume Flow" to follow the trend. I use like foundation the LazyBear "Volume Flow Indicator" "honor a quien honor merece" Background: I think the volume as the price could be represented by candles or other graphic to use...