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Composite High Volume Node

Composite High Volume Node (CHVN) refers to the price at which the largest amount of volume occurred between a significant long-term swing high and swing low. The CHVN can be found by using a Volume by Price (VbP) study.

Contrasted with the Composite Low Volume Node (CLVN), the CHVN represents a consensus of market involvement at the corresponding price level.
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High Volume Node  Big Mike  Terms (Glossary) 0 April 16th, 2012 04:33 AM
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