So i tunned this indicator in such a way that the top represents volume and a period. Which current action is either underperforming or over performing the past previous period. Same with the bottom indicator is set to price action. The bottom indicator more importantly being in the RED whilst inclining for some period. The top being green seems to me as if I blundered into accuracy with it being a good potential buy period for bitcoin. There are a lot of ways in which this can be depicted and experienced analysis would not have a problem with potential bottom of markets and reversals. More to the point that this indicator has multiple uses and if one understands it to some degree could use it for various reasons. I did not design this indicator an contribute its development to Balipour for unknown reasons was banned along with the removal of his/hers content. So in good time, i may see if its possible to make this indicator public as it has quiet a few settings and I am sure people could benefit from it.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.