Volume Oscillator PWR
- Göstergeler
- Alexandre Silva Diniz
- Sürüm: 1.20
The Volume oscillator is a hybrid technical tool designed to map market regimes by combining price statistical deviation with volume flow intensity. It helps traders distinguish between real trend breakouts and low-volume traps.
By using an internal Volume RSI as a multiplier, the indicator scales the histogram according to market participation. High-volatility moves backed by volume are amplified, while low-volume noise is suppressed.
Key Features:
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HLC3 Smoothing: Based on the average price for a more comprehensive market view.
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Dynamic Volume Impact: The InpVolImpact setting controls how much volume strength influences the oscillator's amplitude.
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4-Color Visual Mapping:
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Bright Green: Strong bullish momentum with volume confirmation.
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Dark Green: Weakening bullish trend or consolidation phase.
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Light Red: Emerging selling pressure or technical correction.
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Bright Red: Aggressive bearish momentum with volume backing.
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Adjustable Thresholds: Built-in levels to help identify trend zones and potential exhaustion points.
