The indicator of increasing SonicR PVA Volumes and their extreme values
It has four inputs:
- Climax period - extreme values calculation period
- Rising period - emerging values calculation period
- Rising factor - ratio of correcting emerging values relative to the candle volume
- Extreme factor - ratio of correcting extreme values relative to the candle volume
The indicator displays five states:
- Increasing volumes on a bullish candle - light-green
- Increasing volumes on a bearish candle - orange
- Extreme volumes on a bullish candle - green
- Extreme volumes on a bearish candle - red
- Neutral volumes - gray
