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HariprasathGopal
Jul 24, 2018 4:58 PM

Volume spread for VSA 

INFIBEAM AVENUES LNSE

Description

This indicator tells us whether the volume is ultrahigh volume,high volume, low volume or average volume. These volume has to be used along with price spread.
Wait for the VSA indicator it will be released in one month.

Release Notes

V1.0

Release Notes

Analysis has been changed from 90 MA to 30 AM and few threshold of upper cloud has been changed
Comments
unfoldingdawn
Thanks for sharing this script. Would you mind explaining what the colors mean?
CAB_Member
@unfoldingdawn, plus one for the color explanation on bars, even if you would set the names for the colors in the settings it would be good
comr
@CAB_Member, What is volume divergence up??
jackhammer1000
@cMatr, great video thx for the share 👍
Indiotrol
comr
@unfoldingdawn, What is volume divergence up??
zengqizane
Would you mind explaining what the colors mean?
cowboycraig
The bar color is an indicator of the size of the current volume candle relative to the rest.

using a 31 period moving average. Therefore,

red candles are just "exceptionally high" volume,
yellow is just "quite high",
green would be "average",
blue is "low".
roseaktalia
@cowboycraig, good one
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