This indicator uses Volume EMA and VSA. It calculates whether a candlestick has a trading volume greater than four times the average volume of the previous 100 candlesticks and signals accordingly. We need to wait for the price to break above the high and close above the candlestick that generated the high volume. Afterward, wait for a backtest to enter the trade. This indicator is best used on time frames ranging from H4 or M15 to D1.
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