The indicator displays the total or average volume in the price movement. Due to this, it is easy to determine the demand and supply in the market, turning points.
It works in any Forex markets, futures, stocks. It does not redraw, the construction algorithm allows you to work with any instrument on any timeframe, regardless of the volatility "without adjustment to the instrument."
The ideas from the books of David Weiss "A Modern Adaptation of the Wyckoff Method"
and Timothy Orda "The_Secret_Science_of_Price_and_Volume"
- Mode - volume mode (total D.Wise / medium (Tim Ord)
- Volumes - tick or real volume
- History - history
- Period - period (recommended 3)
- UP-wave - color up wave
- DN-wave - color dn wave
- Temporary wave - color temporary wave
- Thickness - thickness histogram
- Line volume - displaying line volume
for a more clear picture of the market I recommend to use together with a duplicating indicator:
добавлен режим построения волн со средним объёмом по книге Тимоти Орда "The_Secret_Science_of_Price_and_Volume"