Based on VPA anomalies as described by Anna Coulling, gives indications of a strength of a trend and its validity.
I recommend reading the Volume Price Analysis book prior to using this indicator :)
My way of giving back. Happy trading!
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules.
You can favorite it to use it on a chart.
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