Aggregate Volume Drift: Basic
It's finally time to release this beast!
This is a leading indicator that uses price and volume to visualize the significance of money flow over a period of time.
I personally use this script to identify scenarios where low volume is exploited to easily move price for accumulation and distribution. Because this is a cumulative indicator, I generally suggest zooming out as far as possible to get the most out it's signals.
Day traders, consider trying this script on sub 1-minute timeframes. Look for trends which divergence or confirm.
Never use this script alone. It's not perfect. Price action is king and USE STOPS!
If you like this indicator and would like to use it's full functionality with many more settings including timeframe configurations, signal manipulation, accumulation settings etc, or just have any questions, feel free to send me a message.
Love you all and good luck.
This is a leading indicator that uses price and volume to visualize the significance of money flow over a period of time.
I personally use this script to identify scenarios where low volume is exploited to easily move price for accumulation and distribution. Because this is a cumulative indicator, I generally suggest zooming out as far as possible to get the most out it's signals.
Day traders, consider trying this script on sub 1-minute timeframes. Look for trends which divergence or confirm.
Never use this script alone. It's not perfect. Price action is king and USE STOPS!
If you like this indicator and would like to use it's full functionality with many more settings including timeframe configurations, signal manipulation, accumulation settings etc, or just have any questions, feel free to send me a message.
Love you all and good luck.