## 25 August 2011

### Explo Vol Break out scan

BETTER VOLUME

http://emini-watch.com/free-stuff/volume-indicator/

Volume Spiker by Southwind for Amibroker (AFL)

This a very useful formula to detect volume breakout. As we know volume is a important thing to make a decision in trading. So with use this formula we can easily to find a volume breakout..

Volume - compared with Moving Avg (100%) for Amibroker (AFL)

This is principle only another view of the volume. It shows you the difference from the current volume to the moving Volume in percent. I like it, because it is easier to analyze. you dont need to compare the volume with the moving, which has everyday another value. In this formula you see, for example, that sometimes the volume is 300% higher than the AVG. This makes it also easier to use in the exploration.

Set the scale to percent and automatic

//written by Thomas Zmuck
//Date: 15-07-02
//thomas.zm@aon.at

pds = 10;
V1 = V/MA(V,10); V2 = V/MA(V,20);
V3 = V/MA(V,50);

barcolor = IIf(V1 AND V2>1 AND V3>1;

Filter = unsure;