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Volume Breakdown
This is the easy language version of the volume breakdown indicator.
I just copied it into Multicharts.
I changed the period length to 8. You can play around with the period setting to maybe get better results.
Using Multicharts, the indicator seems to work best on renko charts.
I have drawn some divergences on the chart.
Category
MultiCharts
Details:
Volume Breakdown
Category:
MultiCharts
March 9th, 2011
Size: 1.03 KB
Downloaded: 697 times
860
krutchy
Comments/ratings
Jura
December 17th, 2011 07:25 AM
Thanks Krutchy for this interesting indicator!
arjfca
February 11th, 2013 08:04 PM
Hello. Thank you very munch.
Any idea where I could get good information on how to interpret that indicator?
Martin
mani4kannan
December 14th, 2016 05:44 AM
thank you
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