fxcodebase-backup
Rainbow Volume
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=65574
Forum: 48 · Topic 65574 · 1 post(s)
Rainbow Volume
Alexander.Gettinger · Sat Jan 06, 2018 5:33 pm
As described in July 2011 issue of Stocks & Commodities magazine.
Distinguishes four situations. Volume Up, Up Price Volume Down, Down Price Volume Up Price Down Down Volume Up Price.
The indicator compares, current value and the value of N periods ago.
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