Badshah.E.Alam

Intraday predictive High Volume Activity sessions [BEA]

Idea:
This indicator is designed to know the high traded volume sessions in advance before the day starts.
The predictive volume bars will be plotted in advance once a new trading session starts.

Logic Used:
The basic idea is to store each bar volume / Volume MA data for the selected time. So, the first bar of each data is stored for all selected historical days.
Once the data is stored, I am taking average of each bar data for the selected Historical days.

How to Use:
This gives me an idea of the volume behavior throughout the days based on historical data. So I decide my time of trading for that specific times sessions where the traded volume activity is high.
The bars which are more than the Moving average ( Highlighted Volume bars plotted in future ) is the time session to focus.

Designed only for intraday timeframes.

Here in the image, you can see the session in advance for high traded volume activity.

Try it test it , let me know if it can be improved further.
Have a happy trading.


DISCLAIMER
Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the user based on information received or a market analysis is expressly excluded by me.

All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments.

Do your own research, this is not a financial advice.
Informacje o Wersji: High volume Barcolor also added
Informacje o Wersji: -Error removed
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An enthusiast trader. I code my strategies in pine script.DM me or Mail Me for any Info at tabrejalam786007@gmail.com(paypal)
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