Volume Bullish Divergence
Volume Bullish Divergence is one of the commonly used technical analysis patterns in quantitative trading, used to identify potential upward trends in the market.
Calculation Principle
Volume Bullish Divergence is determined by the following conditions:
- Price makes a new low
- Volume does not make a new low
- Volume shows an upward trend
- The divergence lasts for a certain period
Parameter Description
- Input parameters:
- Volume data (VOL)
Usage Suggestions
- Use in combination with other technical indicators
- Pay attention to the overall market trend
- Monitor price patterns
- Set reasonable stop-loss levels
- Watch out for false divergences