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Volume Breakdown 5 *
This is the easy language version of the volume breakdown indicator.
I just copied it into Multicharts.
I changed the period length to 8. You can play around with the period setting to maybe get better results.
Using Multicharts, the indicator seems to work best on renko charts.
I have drawn some divergences on the chart.


Category MultiCharts 
 
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Details: Volume Breakdown
Category: MultiCharts 


March 9th, 2011
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