PLTR: Tightening price action with declining volume.

Sorry what does the low volume indicate here? Thanks

@soltarikensho, low volume indicates no selling is coming into the stock, this will often precede a breakout.

it's really charming

Hi. How do you screen for such pattern? What filter do you use?

@Luna_azul, I don't have any indicator or filter, I simply look for tightening when scanning charts. With that said, it might make for an interesting indicator (if one isn't already out there).

@PlayTheTrade Do you use the Tradingview screener to scan stocks? What is your screening criteria?

@Luna_azul, I am still learning the TradingView screener. As I learn more, if I find something that might be helpful, I'll write up an Idea here on TradingView.

@PlayTheTrade, okay. Thanks for sharing your idea and script. Thet are really helpful.

@Luna_azul, No problem, great to hear it's helpful.