OPEN-SOURCE SCRIPT
Aggiornato True Volume Flow Index
An indicator that studies the price movement with the trading volume in the form of an equation that represents the trading volume in the price range.
It is excellently used to determine buying from support areas, as well as confirming the breach of resistances, see the example in the attached chart,
The best use of it is the DIVERGENCE between the indicator and the price.
It is excellently used to determine buying from support areas, as well as confirming the breach of resistances, see the example in the attached chart,
The best use of it is the DIVERGENCE between the indicator and the price.
Note di rilascio
- Adjusting the number of candles collected in the calculator so that the calculation is more accurate for the nearest period. - Modify the arithmetic function so that it gives the adjusted average instead of the sum, thus eliminating the effect of data variance.
Note di rilascio
Editing a bug in the code .)Note di rilascio
Bug FIX : V3Note di rilascio
Code Updates .
Script open-source
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Per aggiungerlo al grafico, mettilo tra i preferiti.
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Declinazione di responsabilità
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