CryptoShoots

Volume Power

Volume Power

Volume Power is a technique that uses the PVT(Price - Volume - Time ) Distribution algorithm .



*** Features

*
Pump or Dump Detection .


* Explosive move Detection .


* Better understanding to each candle than normal Price and Volume .



*** Colors Info

* Blue - No effect to the market .

* Green - Pump or Dump Detection .

* Orange - Average Market ( Can affect the market Trend ) .

* Red - Explosive Market ( Can affect the market Trend and Mostly a Potential Reversal ) .



*** Usage

*
Red and Orange can be used for Potential Breakout Candles and Reversals .

Green can be used as Pump or Dump Detection that will help you with your stops and high Volatility detection before it happens as leading indicator .

















Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact CryptoShoots for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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