XVolatility Alert

Market XVolatility  /

  is an indicator that analyzes and visualizes momentum and price strength. The MXV is a confirmation indicator that analyzes buying and selling pressure by looking at price movements and whether volume is falling or rising.

Therefore, the MXV is used by trend-following traders who want to know if a trend is strong enough to enter and by counter-trend traders who look to fade trends.

RED  color in up 

A red color means that there is indecision in the market and that price moves are relatively small and volume is also decreasing. Here it is important to understand that a trend can still go on for quite some time, but the buyer-seller dynamic is changing and not as many traders are entering new positions.

lime color in up 

A lime color means  the market and that price moves are relatively big