OPEN-SOURCE SCRIPT

Compression / Expansion

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I created this Indicator to warn of compression and expansion so I could find the best area to trade I use it In conjunction with VWAP works on any timeframe and any asset where there is Volume

The Indicator produces a Letter C at the Start of Compression and a Letter E at the Start of Expansion you can change the settings to your liking On the chart my Expansion is in Red and compression is is Blue use In Conjunction with your favorite Indicators for Confluence

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