Indicator formula:
High-Low + Volume; Open-Close + Volume
That is, an attempt to bring price and volume to a common denominator.
Input parameters:
IndicatorPeriod: several periods of calculation (small-short-term; medium-medium; long-long-term).
MnojitelLine, MnpjitelLine2 – multiplication of lines for comparison.
AverageVolume – averaging volumes for calculation (needed to remove the dependence on volumes).
If both the indicator and the chart make a fast jump, then we are waiting for a rollback.
In addition, the indicator can be analyzed by resistance and support lines and other graphical analysis.
Tags: Custom Indicator.
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