**Created by Shanghai Reed Asset Management Co., Ltd.** 5 Entry Conditions by the Original Idea: 1. Absolute Value of 5-day Price Change is larger than Standard Deviation of Price Change 2. 5-day Average Volume is smaller than 75% of 5-day Average Volume ten days ago. 3. 5-day Price Change is negative (Long Entry) 4. 5-day Price Change is positive (Short Entry) 5. All Positions will be closed 5 days after the entry
Enter Long when Price Change Ratio crosses under the Lower Band and Volume Ratio is under the Level
Enter Short when Price Change Ratio crosses over the Upper Band and Volume Ratio is over the Level
Comments
TonyCampbell
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So, there is no entry signal in the chart example?
ZLu
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Thanks for your comment. No so far but I would like to do it in the further version.
William_Gann
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Hello! Your [ZLu]Volume Reversal indicator is just brilliant! I saw some patterns that when price activity stops, candles cannot close higher on an uptrend, and VRI increases the price ratio along the trend. And the price flies out of this zone and rushes in the other direction. Also, on a downtrend, price activity stops and candles cannot close lower, and VRI increases the price ratio along the trend, the price also flies out of this zone and rushes in the other direction. I'm not good at programming and I wasted two weeks. I wanted to add a code to be displayed on the chart when candles in an uptrend cannot close higher with a rising price ratio along the trend, also to be displayed when candles cannot close lower in a downtrend with a rising price ratio along the trend. I have a request for you: "Please add the code to be displayed on the price chart when the price in an uptrend cannot close higher with candles if the price ratio is growing along the trend and when in a downtrend it cannot close lower with candles if the price ratio is growing along the trend. Thank you so much for brilliant indicator.
PaperChains
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after having a quick 20 min lookover, I'm loving this - powerful! Thank you for sharing. -Hows has trading been going since then for you? Bless
legalPepper95685
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This Is A Great Indicator. I appreciate it!
aldrinoflores
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Useful indicator, very powerful if you know what you doing.