CP Volumentum Trend
CP Volumentum Trend indicator responds to a discrepancy in volume from the standard, taking into consideration that volume often greatly grows at market turning points. The CP Volumentum Trend indicator unites price and volume into one indicator.
Volume discrepancy is estimated against the ongoing price action. Then it is depicted as a strength indicator or trend indicator. The indicator shows high probability trading zones and is automatically connected to all the fluctuations and factors of inconstancy. The strength indicator is useful for confirming this fact behind the Volumentum Trend.