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Volume Reversals and 4h MAs

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This script is tailored to 15 minute charts.
It overlays volume reversals and some long term MAs to help set your bias - I like to consider the following factors when evaluating a trade:

Trends for entry:
* Long term trend direction to set bias: Purple line
* Medium term trend on the right side of bias: Orange on the right side of purple
* Distance of price from Purple line - prefer to cross orange in line with bias, but sometimes it's ok to be wrong side of Orange

Volume reversal signal - short term reversals in OBV:
* Arrows indicate 15 minute volumes increased while close reversed over three candles

Exits:
* Consider exiting when crossing short term trend - Blue line
發行說明
In this version, we replace the SMA with volume weighted moving average.

Volume is a critical market dimension that many traders ignore - price can be misleading when taken in isolation.

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