Volume Brkout: Difference between revisions
From MultiCharts
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(Created page with "The Volume Breakout indicator plots a dot at the high price of every bar which volume is at least 50% higher than the average volume of the last 50 bars. The number of bars us...") |
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This indicator triggers an [https://www.multicharts.com/trading-software/index.php?title=Using_Alerts alert] each time a volume breakout is found. | This indicator triggers an [https://www.multicharts.com/trading-software/index.php?title=Using_Alerts alert] each time a volume breakout is found. | ||
== Default Inputs == | == Default Inputs == | ||
'''AvgLength 50''' sets the number of bars used to calculate average volume.<br> | '''AvgLength (50)''' sets the number of bars used to calculate average volume.<br> | ||
'''BrkOutPct 50''' sets the percentage over the average volume in order to be considered a breakout. | '''BrkOutPct (50)''' sets the percentage over the average volume in order to be considered a breakout. | ||
[[File:Volume-Brkout-indicator.png|700px|link=https://www.multicharts.com/trading-software/images/0/0e/Volume-Brkout-indicator.png]] | |||
[[Category:Pre-built Indicators]] | [[Category:Pre-built Indicators]] |