astropark

[astropark] Volume that matters

Dear Followers,

does volume say something about market makers and what will happen in near future?
Today a new Price Action Tool, the "Volume that matters" indicator.

When a Market Maker executes his/her orders, there is no way he/she can do it without giving us some footprints: volume!
Specific Volume spikes happen as
  • reactions at support or resistance range, as well as at supply and demand zones
  • market makers' actions
  • trend switching in short-term and mid-term future

They can be both bullish or bearish, but the real problem is that not all, but only a few volume candle matters! And this tool will filter them for you.

This indicator works

This indicator has following options:
  • edit volume filter and period analysis
  • edit filter based on fixed or percentage volatility change
  • edit filter based on candle value size
  • show a suggestion of possible entries and stoploss

You can enhance your trading by using it together with my "Engulfing that matters", my "Pinbar that matters" and my "Breaker Blocks (BB) and Supply/Demand Order Blocks (OB)" indicators, so you can easily spot confluences and have more confidence in trades.

Here my Engulfing that matters indicator

Here my Pinbar that matters indicator

Here my Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator

Here below some examples on how to use the indicator.

BTCUSDT 1D

ETHUSD 4h

LINKBTC 1h

EURUSD 4h

AMZN 1h

XAUUSD 4h



Here below an example of suggested entries and stoploss


This is a premium indicator, so send me a private message in order to get access to this script.

I'm a software engineer
> I develop script & strategies
> I do 1-on-1 trading lessons & consultancies

Here a summary of all my indicators and strategies: https://bit.ly/astroparktrading

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Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact astropark for more information, or follow the author's instructions below.

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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