HIGH VOLUME TURNS
( Mt4 Indicator )
Most of the time, market reversals / pull backs usually follow volume and price spikes thus these spikes could be the first indication of an exhaustion and possible reversal/pullback. High volume Turns is an indicator that scans the market for price and volume spikes around over-bought/over-sold market conditions. These spikes when spotted serves as the first indication of reversal/pullback.
HOW TO USE
- Volume and Price spikes are represented by an arrow. This is the first indication of an exhuastion.
- Enter signal arrows at major support and resistance , signals are more accurate at support and resistance zones
- Compatible with all symbols and time frames
- Volume Spike Index : Used to define volume spike ratio
- Maximum Entry : Number of bars before breakout is invalid
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