Volume Anomaly

Overview

The Volume Anomaly Indicator is a tool used in market analysis to identify significant deviations in volume. It compares the current volume to a moving average of volume to determine if the current volume is significantly higher or lower than usual.

Interpretation

The Volume Anomaly Indicator is interpreted as follows:

• A positive Volume Anomaly indicates that the current volume is significantly higher than the average volume, which could suggest strong interest in a security and potential for price movement.

• A negative Volume Anomaly indicates that the current volume is significantly lower than the average volume, which could suggest a lack of interest in a security and potential for price stagnation.

Indicator Triggers:

Anomaly

We want to place a long signal when a bullish 'big climax' occurs.

Sustain Anomaly

We want to place a long signal when a bullish 'big climax' occurs during at least 3 candles.