The Magnus PRO indicator in real time captures volumes every second and displays them along the vertical of the candle. Thus, you get more information about the price movement. The indicator also highlights the largest volume in red.
Pay attention to the screenshot, we are seeing 3 SELL signals.Why are there signals?
1. Bearish movement. 2. As the price moved downwards, it rolled back to a large volume.3. Entry to SELL when the price rolls back up to the volume. The entrance is made at the place where the yellow dot appears. This signals that the price has rolled back to the desired level.
BUY signal example
1. Bullish trend. 2. As the price moved up, the price rolled back down to a large volume.3. Entry to BUY when the price rolls back down to the volume. The entrance is made at the place where the yellow dot appears. This signals that the price has rolled back to the desired level.
It is important to know: those cases are best worked out when the price has a clear trend. For example, as in this example, there is a pronounced bullish trend. It is in such cases, when the price rolls back to the volume, in 95% of cases the price will roll back and continue the bullish growth. The same is true for SELL signals.