Basic indicator very useful to see the roof of the market from a different perspective next to the volume … Ultra High
If the volume is accompanied by the normal price … and the indicator Price invested, we see how the ultra-high volume in maxima may indicate a price reversal.
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//invert=1 If Invert=1 then If close>= open then DRAWCANDLE(-open, -high, -low, -close) coloured(0,150,0,255) else DRAWCANDLE(-open, -high, -low, -close) coloured(150,0,0,255) endif endif If Invert=0 then If close>= open then DRAWCANDLE(open, high, low, close) coloured(0,150,0,255) else DRAWCANDLE(open, high, low, close) coloured(150,0,0,255) endif endif return |
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