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Buying/Selling Climax Detector

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Buying/Selling Climax Detector (VSA-Based)

📝 Description:
This indicator identifies potential buying and selling climaxes using principles from Volume Spread Analysis (VSA). It highlights candles where:

Buying Climax: Wide price spread + high volume + bearish close
Selling Climax: Wide price spread + high volume + bullish close
These events may signal exhaustion of trend, smart money activity, or potential reversals.

🔍 How It Works:
Calculates average volume and spread over the last 20 candles.
Flags candles where volume exceeds 120% of the average and spread is wider than usual.
Plots red and green labels on the chart to mark climax events.
⚙️ Best Used On:
High-volume assets (e.g., BTC/USD, major stocks)
Lower timeframes (e.g., 5m, 15m) for intraday signals

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