Volume Trend Analysis on EURUSD Hourly
These are the last moves (long and short) on EURUSD. Someone asked about the last couple of signals on EURUSD. Here they are.
The indicator demonstrated is a visual representation of the Volume Trend Analysis concept I developed to guide some automated systems. It works very well on its own which is what you can see here.
You can see some older examples that include targets etc to get a sense of how well this system of analysis works in determining likely trend changes in advance.
The Volume Trend Advisor (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength/Long and the Red icon = Weakness/Short. The indicator is available on Trading View and if you have any questions regarding this fairly simple and accurate method of volume analysis, please visit our website at signaltosignal.com to learn more.
Please also visit some of our other ideas to see how well this method of analysis works to identify likely trend changes in advance. It works on any chart and time-frame as well.
The indicator demonstrated is a visual representation of the Volume Trend Analysis concept I developed to guide some automated systems. It works very well on its own which is what you can see here.
You can see some older examples that include targets etc to get a sense of how well this system of analysis works in determining likely trend changes in advance.
The Volume Trend Advisor (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength/Long and the Red icon = Weakness/Short. The indicator is available on Trading View and if you have any questions regarding this fairly simple and accurate method of volume analysis, please visit our website at signaltosignal.com to learn more.
Please also visit some of our other ideas to see how well this method of analysis works to identify likely trend changes in advance. It works on any chart and time-frame as well.
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