devicemxl

Volume Price Spread Analysis

With the same idea of the VSA i make the VPSA to make synthetic graph of the price and the volume effect, its easy to see the volume trends. Each instrument have a more clear time frame to see the volume patterns.

Can use others indicators over the VPSA, only write in CAPITAL letters open, high, low, close or hl2 at inputs section.
Remove from Favorite Scripts Add to Favorite Scripts
//@version=2
study("Volume Price Spread Analysis 1", shorttitle="VPSA")
//Volume Spread Analysis
//Analisis de propagacion en Volumen
// devicemxl --> TradingView Site

/// Values
volumex=log(volume)//*(close>close[1] ? 1 : -1)
V_CLOSE = V_CLOSE[1] > 1 ? ( (close*volumex) + (high*volumex) + (low*volumex) + V_CLOSE[1] ) *0.25 : ( (close*volumex) + (high*volumex) + (low*volumex) + (((close[1]*volumex[1])+(open*volumex))*0.5) ) *0.25
V_OPEN  = (V_CLOSE[1]+(open*volumex))*0.5
V_HIGH = max(max(high*volumex,V_CLOSE),V_OPEN)
V_LOW   = min(min(low*volumex,V_OPEN),V_CLOSE)
V_HL2   = ( V_HIGH + V_LOW ) / 2
senial=input(defval="HL2",title="Signal",type=string)
ploter = ( senial == "CLOSE" ) ? V_CLOSE : ( senial == "OPEN" ) ? V_OPEN : ( senial == "HL2" ) ? V_HL2 : ( senial == "HIGH" ) ? V_HIGH : ( senial == "LOW" ) ? V_LOW : 0
signal = plot(ploter, color=silver, style=circles)

plotcandle(V_OPEN, V_HIGH, V_LOW, V_CLOSE, title='VSA', color = V_OPEN < V_CLOSE ? silver : red, wickcolor=black)
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out