MastersOfTrading

MoT - [Analyst] - Volume Temperature

**THE INDICATOR**

This is our Volume Temperature Indicator where it utilises Stochastics for a lower timeframe and Volume Forces! It shows how volume moves in lower timeframes for each candle, and compares it to recent volume force tick ranges.


**THE CHART**

EURUSD on the 4HR Time Frame


**ON THE CHART INDICATORS**

- In the Top Panel we have our Quantized RSI . The idea is it removes a lot of the noise but still reacts to the important data. It can be used to filter out ranges.

- On the chart we have our ATR-filtered Exponential Moving Average . It either plots further away from price or closer to price, the higher or lower the current ATR is compared to recent history.

- Also on the Chart we have our Sessions Indicator which allows you to add backgrounds for certain Trading Sessions so you can have a good gauge what Session is driving the Market.

- In the Bottom Panel we also have this, our Volume Temperature Indicator which is Stochastics for lower timeframe Volume Forces! It shows how volume moves in lower timeframes for each candle, and compares it to recent volume force tick ranges.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Want to use this script on a chart?