- VX - Volume Trend

The indicator shows volume direction on the simple average. Only current day volume is taken under calculation. The oscillator shows Sell/Buy signals with the dots - confirmation that when the price goes down, the daily volume follows. Shows also few important numbers on the right, such as: Last Bar Range, Range To-From Average, Distance From Support and Resistance of Long and Short trends. Those information are helpful to get into trade and not being forced to get out just because of for example bar range. Developed in 2009 by Linetrol Development


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