This is a new indicator that I am using in conjunction with RSI. what is the logic, the rsi gave a divergence saying that there is weakness in the upward movement. Now I want to know if there is a counterparty to rotate the price movement. so I look at the indicator that shows me these red candles. which says they are high volume candle. and notice that we have high volume bearish candles at maximum. which gives us a feeling of reversal of flow. soon we should expect a bearish movement. at least in the short term.
That would be the logic, remembering that it is still being tested, I still need to make some adjustments to prove its effectiveness.
