Better Volume 1.05 (Port)

Category: volume

Classifies volume bars based on price range and volume relationship to identify climactic high/low volume events.

Formula

Range = High - Low; Volume_per_Point = Volume / Range; Climax_High = (Volume == Max(Volume, N)) & (Range == Max(Range, N)); Climax_Low = (Volume == Max(Volume, N)) & (Range == Min(Range, N))

See signal primitives and every published strategy that uses Better Volume 1.05 (Port) on WOBR StrategyVerse.