AlgoPro Volume Strength
The AlgoPro Volume Strength is a relative volume indicator that is great for supporting the moves of the other indicators in the AlgoPro Suite and filtering out false signals. When the volume strength indicator is above 0 or to the uptrend, it's a strong signal that confirms possible buy or sell indications from AlgoPro V1. When the volume strength indicator is below 0 or to the downtrend, it's a strong signal that the market does not have enough volume or volatility to take a trade during that time. Using this indicator can greatly improve filtering out false signals and improving win percentage.
Last modified 1yr ago