A simple yet configurable indicator that shows recent traffic volumes. The time period is specified as weeks/days/hours/minutes, not as bars. For using the generalized double EMA, set the velocity to something other than zero.
About: I developed the original as an experiment to potentially replace or augment my BB and RSI based strategies. After some back-testing I could see some really interesting results but it wasn't quite where I wanted it, so after some tweaking and further back-testing, and adding in more MA options, here we are. Mostly tested on 1h and greater time-frames using...
Buy Sell Indicator based in TEMA x DEMA used ADX and Squeeze Momentum and etc...