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Volume climate

Category: Indicators By: bolsatrilera Created: December 25, 2016, 10:36 AM
December 25, 2016, 10:36 AM
Indicators
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Volume climate

Based on the theory of the trader Oliver Vélez.

A climatic volume is a volume that doubles in size the volume of the last 10 sessions.

In a bullish or bearish trend, the appearance of a bar of climatic volume is a sign of price spin.

They can also be taken as a reference for locating support / resistance zones
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Basado en la teoría del trader Oliver Vélez.

Un volumen climático es un volumen que dobla en tamaño al volumen de las últimas 10 sesiones.

En una tendencia alcista o bajista, la aparición de una barra de volumen climático es un signo de giro del precio.

También se pueden tomar como referencia para situar zonas de soporte/resistencia

Rem volumen climatico 

mivolumen=Average[10](volume[1])
a=(2*mivolumen)
if volume>a then
 volumeC=volume
else
 volumeC=0
endif

return volumeC coloured (255,0,0)as "Volumen climático",volume-volumeC as "Volumen "

 

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Filename: Volume-Climate.itf
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