Volume / Momentum Change Bot
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i need help making a trading bot that tracks when volume changes, kind of like divergence, usually when there’s divergence between previous highs and lows price will change direction or continue direction, i need something that tells me when the volume changes when there’s no divergence. i will know when there will either be a continuation or a reversal when theres no divergence to let me know but volume changes by an amount that lets me know there may be an upcoming reversal or continuation.
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Didn't you find any indocator providing info on volume like that? Any indicator doing that will always be easier to include in your bot than crearting a structure from scratch.
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yes something like rsi or macd, i want the bot to recognize when new highs/lows aren’t correlated with old highs/lows. ex: a previous high is smaller than the current high on rsi, but on chart the previous high is bigger than the current high. showing momentum loss or gain.
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No, no. I meant an indicator doing exactly that, searching for the correlation. Otherwise, create a structure searching for that info with fxDreema is definitely complex.
