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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 :)
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 :)
Note di rilascio:
fixed extension reading lag
New ATR Oscillator Available! - Send a DM if you would like access.
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