Comments for https://ctrader.com/products/1856
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Comments for: https://ctrader.com/products/1856
- RRiskManagerPro
What’s the core signal logic behind this indicator (momentum, mean-reversion, volume, pattern)?
- MMagnus_Blackstone
It’s volume/participation logic.
The indicator calculates RVOL by comparing the current bar’s tick volume to the “normal” volume at the same time-of-day over a lookback window, and it flags a surge when RVOL crosses your threshold - so it’s best used as a breakout/impulse confirmation filter, not mean-reversion.