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Babil34 VOLX
Babil34 VOL is a custom volume indicator designed to measure how trading volume impacts price movement. Rather than displaying raw volume, it evaluates volume-powered price momentum by combining volume strength with price range.
It automatically selects an appropriate period based on the chart timeframe: Monthly (18), Weekly (30), Daily (21), Others (14).
It calculates how strong current volume is compared to recent history.
This volume power is multiplied by the bar’s price range (high - low), producing a dynamic score.
The score is normalized between 0 and 100 based on recent min-max values.
Red: Score below 45 → Strong selling volume, downside pressur
Blue: Score between 45–65 → Neutral, indecisive, or low-impact volume
Green: Score above 65 → Strong buying volume, upward pressure
Babil34 VOL filters out noise by focusing on how volume truly affects price – helping traders detect meaningful volume shifts more reliably than traditional volume bars.
It automatically selects an appropriate period based on the chart timeframe: Monthly (18), Weekly (30), Daily (21), Others (14).
It calculates how strong current volume is compared to recent history.
This volume power is multiplied by the bar’s price range (high - low), producing a dynamic score.
The score is normalized between 0 and 100 based on recent min-max values.
Red: Score below 45 → Strong selling volume, downside pressur
Blue: Score between 45–65 → Neutral, indecisive, or low-impact volume
Green: Score above 65 → Strong buying volume, upward pressure
Babil34 VOL filters out noise by focusing on how volume truly affects price – helping traders detect meaningful volume shifts more reliably than traditional volume bars.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。