Based on science formula , momentum = mass* velocity here mass = volume , and velocity here is average velocity . For VOLUME , MOMENTUM , VOLATILITY = it gives accurate value ( not slow like bb and ma )
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we all know , momentum scientific formula = mass * speed , come to the point , volume = mass , speed = average speed direction of traders .
WHY THIS INDICATOR IS SO POWERFUL AND USEFUL ?
volume indicator only tells the number of traders entering in market ,right ? but this indicator tell the number of trader trading in which direction . this indicator tells you about the number of traders trading in which direction .