General information
The Cluster Constructor Lite consists of the Double Max Volume Clusters Filter, which identifies and displays clusters with two maximum volume points within a single candle.
Last updated
The Cluster Constructor Lite consists of the Double Max Volume Clusters Filter, which identifies and displays clusters with two maximum volume points within a single candle.
Last updated
The Double Max Volume Clusters Filter detects key points of interest in the market by identifying areas where large trading volumes occur within individual candles. Unlike typical candles with a single maximum volume cluster, this filter highlights candles that contain two distinct maximum volume clusters, which may signal significant market movements or reaction levels.
In addition to identifying double max volume clusters, the Cluster Constructor Lite provides clear visualization of these clusters on the chart. This feature helps traders quickly pinpoint significant volume activity for timely analysis.
For a comprehensive approach, the Cluster Constructor Lite can be integrated with other indicators and tools to enhance overall market analysis.