The indicator is based on the description from Anna Coilling book volume price analysis. It sorts through candles to identify divergences between price and volume. The first type of Irregular candle body is a smaller proceeding candle body with a higher volume than the previous candle body. These candles show areas of pressure or divergence in price. The second type of irregular body is a candle that is larger than the previous and has less volume. These candles together help mark out areas of potential support and resistance.
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Product code: ThinkOrSwim TRUE Irregular Bodies hotsell 2.0 indicator VPA