Investment analysis for MIP analysts is different from regular IVA . The indicator shall need to be used with base MIP analysis methods and techniques.
What it does?
It analyses the volume accumulation and distribution
Keeps batch on base price levels
Reference price control line that can be used for decision making
Blue colored 2 solid lines indicate volume wise strength
Red colored 2 solid lines indicate volume wise weakness
Red dotted like is reference price control level for safe guarding against fake movements
Base level refers to price strength levels
When accumulation is on, it is seen as good opportunity for investment.
When distribution is on, it is seen as opportunity to either exit or to start booking profit.
What it does?
It analyses the volume accumulation and distribution
Keeps batch on base price levels
Reference price control line that can be used for decision making
Blue colored 2 solid lines indicate volume wise strength
Red colored 2 solid lines indicate volume wise weakness
Red dotted like is reference price control level for safe guarding against fake movements
Base level refers to price strength levels
When accumulation is on, it is seen as good opportunity for investment.
When distribution is on, it is seen as opportunity to either exit or to start booking profit.
Versionsinformation:
How to get access to this script?
Use the link below in the signature to obtain access to this indicator.
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Twitter: twitter.com/wavenodes
To get access to any our locked script, connect with us at www.wavenodes.com/