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.
Hi Device, appreciate your work and would love to donate to support you! I dont really understand how to use the indicator though, could you quickly explain please?
eldeivit
⋅
Volume Price Spread Analysis 1 (VPSA) tries to capture the rhythm of an asset, if you "multiply" the volume by the price, you get a synthetic price and you can follow the micro-trend. Example: You can send small transactions to sell an asset and not disturb the price, but the volume is impossible. If you combine then you can see the evolution of an asset.