Volume Zones Multi-Timeframe OverlayAt its core, this indicator is a variation of my other indicator, Welkin Advanced Volume Overlay (for VSA )
This version is based on the power of multi-timeframe analysis. The basic functionality is simple: Plot lines from the high and low of candles formed during periods of high volume and fill the space between them. The volume levels for deciding what counts as "high volume" are based on standard deviations of the volume's SMA , and the higher the volume , the brighter the zone. i.e., a volume zone set by a volume level that is 4 standard deviations higher than average will be more "filled in" and less transparent than a volume zone from a 2 standard deviation candle.
These zones tend to act as areas of congestion, and the "ceilings" and "floors" of the zones as support and resistance . Overlapping zones tend to indicate strength and are likely to require more effort to get through. The more timeframes that agree with each other, the stronger the zone, ceiling, or floor.
By default, these zones are drawn based on the chart's timeframe and 1 timeframe higher, automatically set based on some "standard" values:
1m -> 5m
5m -> 15m
10m -> 30m
15m -> 60m
30m -> 60m
60m -> 1d
1d -> 1w
Finally, both the base timeframe and the higher timeframe are customizable; this is intended to make it easy to "double" up copies of the indicator to fit even more timeframes on the chart, creating a sort of heatmap for volume price analysis.
An example of three copies of the indicator, showing volume zones from 6 different timeframes.
VSA
Auto Price Action - Volume Price and Spread [Mehrok]Auto Price Action - Volume Price and Spread script generates important support and resistance levels basis activity happening in price, volume and candle spread. The basic idea has been taken from concepts of VSA which underlies that weakness appears in uptrend and strength in downtrend. Script will try to find candles which have volume higher then average and candle spread.
Underlying logic:
Script generates significant high's as resistance and lows as support basis activity happened on volume, price and candle spread. Once criteria set in script is met it would then mark that candle with resistance or support line which would act as important price action level later in time.
Usage:
As it records and maintain important high and lows happening on candles till the time new levels are generated therefore generated price levels act as significant support or resistance. Higher the activity in volume, price and spread stronger that price level would act as support or resistance in future.
Settings:
AvgLen- It would allow you to set the SMA settings for volume bars. By default set at 20 means that SMA of 20D volume would be considered in script.
Volume Start Threshold - Default 1.3 - You can change this setting basis stock volatility. This would set the starting point in script to trigger support or resistance levels if volume is equal or higher then the multiplier you have chosen.
Bearish Volume Mult 1, 2 and 3: Set the the levels which can be adjusted to generate x1, x2 or x3 resistance levels which would appear on top of candles.
Bullish Volume Mult 1, 2 and 3: Set the levels which can be adjusted to generate x1, x2, or x3 support levels which would appear at bottom of candles.
Use of bearish and bullish volume mult is to let user define the multiplier value against which current volume bar would be checked. Higher the value means rare it would be.
x1 - Starting level of resistance/support. It would be considered as level 1 of support or resistance which can be broken easily. Happen too often.
x2 - Medium level of resistance/support. It would be considered as level 2 of support or resistance which can give tough fight as price would reach this level. If set as more then 50% of stock volatility of instrument then price would react for sure.
x3 - Strongest level of resistance/support. If set 3 or higher it would be rare to be generated and price may not visit level too often.
Bullish Candle Matrix %: Keep it above 50 to let script check how strong bullish candle is. Strength of candle increase as value increase from 50 towards 100. Keep it at 52 to track maximum bullish candles.
Bearish Candle Matrix %: Keep it below 50 to let script check how strong bearish candle is. Strength of candle increase as value increase from 50 towards 0. Keep it at 47to track maximum bearish candles.
Optional Lines
Optional lines usage no volume activity therefore can generate important price levels basis volume and price only.
Script work on all time frame where volume information is available. In absence of volume information script would only generate optional levels and that too if activated.
TradeGuider VSA Relative VolumeThe TradeGuider VSA Lite package is designed for those traders who want to trade in harmony with the professionals (‘smart money’) and is based on Tom Williams’ Volume Spread Analysis methodology ( VSA ). It works in any market and any time frame. The trader can use it as a standalone toolkit to support their trading decisions, or in conjunction with other trading tools to obtain additional confirmations.
The package consists of two parts:
TradeGuider VSA Lite indicator
TradeGuider Relative Volume indicator
Together with the TradeGuider VSA Lite indicator, the TradeGuider VSA Relative Volume indicator helps to determine the interaction between supply and demand as well as assisting traders in their trading decisions. In the VSA methodology all analysis is based on Relative Volume . This means that the exact values of the volume on the price bars are not nearly as important as their volume in relation to the previous volume bars. The following classifications of Relative Volume are used in VSA:
Ultra High Volume
Very High Volume
High Volume
Average Volume
Low Volume
Very Low Volume
Users can easily see how any volume bar is classified by observing which color band in the volume indicator is reached by the top of any given volume bar.
Price bars where the volume is Ultra High very often begin the VSA Setup, while price bars on Low or Very Low Volume can be the confirmation and end the VSA Setup.
Using this indicator, users may also observe bullish (when price falls and volume decreases) and bearish (when price rises and volume decreases) behavior.
See the Author's instructions below to get access to this package and the accompanying documentation.
TradeGuider VSA LiteThe TradeGuider VSA Lite package is designed for those traders who want to trade in harmony with the professionals (‘smart money’) and is based on Tom Williams’ Volume Spread Analysis methodology (VSA). It works in any market and any time frame. The trader can use it as a standalone toolkit to support their trading decisions, or in conjunction with other trading tools to obtain additional confirmations.
The package consists of two parts:
TradeGuider VSA Lite indicator
TradeGuider Relative Volume indicator
The TradeGuider VSA Lite indicator provides information about the imbalance between supply and demand on the price charts via VSA principles. The VSA principles introduced in this indicator can be divided into two groups: Signs of Strength (SOS) and Signs of Weakness (SOW). The following six VSA principles are implemented:
SOSs: Potential Professional Buying (PB), Shakeout (SO), Test (TE)
SOWs: Potential Professional Selling (PS), Upthrust (UT), No Demand (ND)
VSA principles ARE NOT BUY and SELL SIGNALS on their own, but in combination may create VSA Setups to the long and short sides which are used in the VSA methodology to identify low-risk entries into, and optimal exits from, a trade.
A potential VSA Setup to the long side means that strength is presented on that particular chart at the current moment and the following conditions are present:
Potential Professional Buying (PB) is found in the background.
The price has risen above the high of the Potential Professional Buying (PB).
The price behavior has changed to the upside (the Short Term Trending Tool is changing color from red to gray or green).
The confirmation (a Test) is identified.
With a VSA Setup to the long side and strength on higher time frames, the price very often moves higher and the user may trade it.
A potential VSA Setup to the short side means that weakness is presented on that particular chart at the current moment and the following conditions are present:
Potential Professional Selling (PS) is found in the background.
The price has moved below the low of the Potential Professional Selling (PS).
The price behavior has changed to the downside (the Short Term Trending Tool is changing color from green to gray or red).
The confirmation (a No Demand) is identified.
With a VSA Setup to the short side and weakness on higher time frames, the price very often moves lower and the user may trade it.
The TradeGuider VSA Lite indicator is equipped with alerts which, when set, inform users of VSA Setups as they appear.
See the Author's instructions below to get access to this package and the accompanying documentation.
DISCLAIMER: The TradeGuider VSA Lite package is developed for educational purposes only. None of the content including the alerts should be considered as financial or investment advice. Investments are always made at your own risk and are based on your personal evaluations. We cannot be held responsible for any losses you may have. Please trade sensibly and carefully and only when you have a clear understanding of what is happening in the markets.
VPA - 5.0 This is a upgraded version of the vpa analysis script which basically implements Volume Spread Analysis (aka Volume Price analysis). It has been rechristened as VPA 5.0 to be inline with version released for Amiboker package so that all future upgrades will go hand in hand. All most all featured of the Amibroker version has been incorporated in this version. Some important additions are as follows
1. A status window for the bar and Trend Description added. No need to plot the trend bands or additional trend Indicator any more.
2. The most important upgrade would be the addition of a Alert window which provides description of the VSA signals. It is also a log window which provides up to 10 last signals
(Credits to Quantnomad for this wonderful piece of code. This feature is an adaptation of his public code)
3. Added facility to plot EMAs / PEMAs with changable parameters
4. Added facility to plot VWAP
5. Facility to switch on and Off the VSA signals. Also tool tip provides description of the signals
6. Facility to plot Resistance and Volume Lines (Credits to @margepadu)
Hope this script will be helpful to everyone. Please do provide your feedback and suggestions for improvements
Williams Accumulation/DistributionThis is an indicator described by Larry Williams in one of his books. Larry won the 1987 World Cup Championship of Futures Trading, where he turned $10,000 to over $1,100,000 in a 12-month competition with real money.
Larry used this indicator to track divergences between price action and volume, which he called patterns of accumulation (bullish divergence) and distribution(bearish divergence). Its logic is similar to On Balance Volume(OBV), where it accumulates up and down volume in a single line, but also takes into account the size of the candle in its calculation, by taking the difference between the open and close, and the high and the low.
Enjoy!
Volume Ranges (VSA)The script is intended for volume analysis
It shows if the volume is low, average, high or ultra-high.
Can be applied to any timeframe and any asset.
There're two calculation methods user can choose from:
1. Ranges - it allows to set a lookback period and moving average type to calculate averages
2. Deviations. In this case only one setting is applied - lookback period. Average type is not involved in this calculation method
Play around to figure out which one is better for you
Colors are:
Red - low volume
Green - avg volume
Yellow - high volume
Blue - ultra high volume
SVA - Simple Volume Analyzer, by BlueJayBird [bjb] ENGLISH & SPANISH
------------------------------------- ENSLIGH
The idea was initially inspired in the concepts shared by @LazyBear on his indicator "Better Volume Indicator" (). But I found it somewhat complicated and dull. So I came up with this.
Concept:
It changes the color of volume bars based on surrounding volume changes.
Volume changes are plotted as volume MAs lines in the volume pane.
Whenever the volume is higher than these MAs, the bar changes color.
For this reason, the bar color change is RELATIVE TO the surroundings, because the color change depends on how far the MA has been extended due to sudden (or not) changes in the volume.
BAR COLORS:
Weak Green and Red: Low volume. The calm before or after the storm.
Normal Green and Red: Mid volume. Still low volume, you may get bored.
Yellow: High volume. Players are playing hard and harder.
White: Ultra-High Volume. The elephants stepped in.
NOTES:
SVA works better at lower timeframes. Though as far as I can tell, it works pretty well as far as 1D timeframe.
------------------------------------- SPANISH
La idea estuvo inicialmente inspirada en los conceptos expuestos por @LazyBear en su indicador "Better Volume Indicator" (). Pero lo encontré un poco complicado y falto de claridad. Así que me inventé este.
Conceptp:
Cambia el color de las barras basándose en los últimos cambios de volumen.
Los cambios de volumen son ploteados como lineas de medias móviles (MAs, es decir "Moving Averages") en la sección del volumen (chart pane).
En cualquier momento que el volumen es mayor que estos MAs, el color de las barras cambia.
Por esta razon, el cambio de color de las barras es RELATIVO a lo que está sucediendo alrededor, ya que el cambio de color depende de qué tan lejos el MA se haya extendido por causa de los últimos cambios (o no) de volumen.
BAR COLORS:
Verde y rojo apagados: Volumen bajo (Low Volume). La calma antes de la tormenta.
Verde y rojo normales: Volumen medio (Mid volume). Volumen todavía bajo. Es posible que te aburras.
Amarillo: Volumen alto (High Volume). Los jugadores están jugando duro.
Blanco: Volumen ultra-alto (Ultra-High Volume). Los elefantes entran a la cancha.
NOTAS:
SVA funciona mejor en temporalidades menores. Pero por lo que he visto, funciona bien hasta la temporalidad de 1D.
Welkin Advanced Volume Study (for VSA)This is a translation of Welkin's Advanced Volume Study Indicator originally written for ThinkOrSwim. This version is simpler than Welkin's and attempts to streamline that basic functionality for beginners to Volume Spread Analysis.
This can be used to replace the built-in volume bar with a more advanced version that is designed to facilitate Volume Spread Analysis. The basic idea is to clearly call out areas of high and low volume that help a trader determine where to "Smart Money" may be attempting to move the market. Volume is an incredible powerful tool for the retail trader; learn how to use it.
Grey bar are Below Average volume .
Blue bars are Average Volume , from a 20sma of volume .
Orange bars are 2-sigma (or 2 standard deviations) above average.
Magenta bars are 3-sigma (3 standard deviations) above average.
The plotted lines represent these levels.
Yellow bars have relatively higher volume compared to the previous bar.
The study can also apply these same colors to the price candles themselves, as well as showing buying and selling pressure of the volume bars.
Welkin Advanced Volume Overlay (for VSA)This is a PineScript translation of Welkin's Advanced Volume Indicator Overlay, originally written for ThinkOrSwim. This tool is designed to facilitate Volume Spread Analysis (VSA) by highlighting areas of above average volume alongside price movement.
This indicator does two things:
1. Plots lines that extend from candles of above average, high, and very high volume.
2. Colors in candles with colors indicating volume levels (when "Paint Candles With Volume Colors" is enabled).
Blue lines mark candles with Average volume, based on a 20 SMA.
Orange lines mark 2-sigma (2 times standard deviations higher) volume.
Magenta lines mark 3-sigma (3 times standard deviations higher) volume.
When enabled, gray colored candles indicate below average volume.
Yellow candles indicate volume that is relatively higher than the previous candle, default is 1.25x.
Comparison Chart with Relative Volume Gradient CandlesThis indicator provides a way to use Relative Volume Gradient Paintbars on an alternate/comparison symbol while still looking at your main charted symbol. For instance, this allows you to plot the ES1! or SPY or QQQ above/below your charted symbol, and see its current Relative Volume signal, and compare that to the your currently-charted individual stock symbol, etc., and while keeping the candles from both symbols all lined up perfectly. It also provides 4 different custom MAs which can be applied to the comparison symbol.
The idea here is that you can potentially use my other indicator, Relative Volume Gradient Paintbars, on the primary symbol to evaluate that chart, while using this particular indicator to quickly analyze the same Relative Volume data on a comparison market symbol such as the SPY or QQQ without having to switch charted symbols. You can also quickly compare price action and location relative to familiar moving averages to quickly gauge relative strength of the stock vs. the market symbol.
Buy/Sell Volume confirmation for BO_Entry_ExitThis script helps to identify the volume strength basis EMA and various EMA multipliers, There are provisions provided to enable and disable when the volume is gaining momentum and the volume for a particular candle touches the Break Out criteria. Users will be able to modify the criteria for Volume strength and Volume break out Indication. It will also show the buyers & sellers strength of a volume bar which the uses will be able to enable and disable.
NoSupply NoDemand 1.01 - Description
This indicator is mainly used in a VSA (Volume Spread Analysis) based strategy, it shows NoSupply and NoDemand confirmations (and sends alerts if needed), which are triggers to enter a trade in some VSA based strategies.
2 - Definitions
NoSupply Candle
It's a down candle with its volume lower than the previous 2 candles.
The candle has to close bearish and there has to be some sort of rejection (pin or wick) at its low.
If the low is equal to the close it would not be a NoSupply candle.
NoDemand Candle
It's an up candle with its volume lower than the previous 2 candles.
The candle has to close bullish and there has to be some sort of rejection (pin or wick) at its high.
If the high is equal to the close it would not be a NoDemand candle.
3 - How this indicator works
There are 2 entry triggers possible with this indicator.
NoSupply Confirmation - Long
When there is a NoSupply Candle, a confirmation candle is needed to give an entry.
The conditions below has to be satisfied
A confirmation candle is a candle that closes above the high of the NoSupply candle.
There has to be no close below the low of the NoSupply candle before the confirmation candle.
This indicator looks for a confirmation within the next 7 candles
A green up triangle is plotted below the confirmation candle.
NoDemand Confirmation - Short
When there is a NoCandle Candle, a confirmation candle is needed to give an entry.
The conditions below has to be satisfied
A confirmation candle is a candle that closes below the low of the NoDemand candle.
There has to be no close above the high of the NoDemand candle before the confirmation candle.
This indicator looks for a confirmation within the next 7 candles
A red down triangle is plotted above the confirmation candle.
4 - How to add an Alert
1. On the chart, choose the timeframe of the Alert
2. Right Click on the Chart
3. Add Alert
4. In the "Condition" field, choose "NoSupply NoDemand 1.0"
5. Another field then shows just below the "Condition" field, choose the Alert Type needed (NoSupply or NoDemand)
6. Edit the alert name and message (if needed)
5 - How to use Alerts in the strategy
I personally use it this way for my VSA (Volume Spread Analysis) based strategy.
1. Define the background (Strength or Weakness)
2. Define key areas to look for a trade
3. Set Price Alerts in key areas defined in step 2
4. Look for High Volume (or Stopping Volume) in the pre-defined key area
5. If the volume confirms the background (High Volume and rejection in the right place), and if I'm busy and can't watch the charts, I use this indicator to set a NoSupply or a NoDemand alert. An alert is sent on the close of the confirmation candle.
6. If I can watch the charts, no need for alerts, and the indicator show the NS and ND confirmations as explained in section 3.
Dual Weis Wave VolumeIt took but left, a Weis wave volume that shows the main wave and the fractal wave, thinking of everyone who wants to save space with indicators, you can adjust 2 indicators within 1, it is the dual indicator.
This indicator calculates the volume waves, being created initially by David Weis, largely behind the wyckoff method that unfortunately died, being very useful in reading flow, replacing even Times in Trades in Tape Reading, since he makes the information more accurate visually.
The novelty is the addition of a fractal flow, that is, if the main one misses an information, the fractal will show, in addition to saving space to add another indicator and not the same with other values.
Applied Volume Spread Analysis [VSA and VPA]Tried to work over Volume Spread Analysis concepts
The Script Helps one figure out the analysis of Price Volume as per the Tom William's book "Mastering the Markets"
with some of my modifications to find out volumetric level of judgement,
You can see The notifications of a pattern on the chart,
Also gray and black lines which you see are the volumetric derived price action levels!
Some definitions
Up Thrusts
Up-thrusts are designed to catch stops and to mislead as many traders as possible. They are normally seen after there has been weakness in the background. The market makers know that the market is weak, so the price is marked up to catch stops, encourage traders to go long in a weak market, AND panic traders that are already Short into covering their very good position
upthrust bar at high volume is a sure sign of weakness. One may even seriously consider ending the Longs AND be ready to reverse. Also note that when A wide spreaddown-bar that appears immediately after any up-thrust, tends to confirm the weakness (the market makers are locking in traders into poor positions). With the appearance of an upthrust you should certainly be paying attention to your trade AND your stops. On many upthrusts you will find that the market will 'test' almost immediately. A wide spread down bar following a Upthrust Bar.This confirms weakness. The Smart Money is locking in Traders into poor positions.
Strength Bar
The stock has been in a down Trend. An upbar with higher Volume closing near the High is a sign of strength returning. The downtrend is likely to reverse soon. when the volume is very much above average. This makes this indication more stronger.
Pseudo Up Thrust
A pseudo Upthrust. This normally appears after an Up Bar with above average volume. This looks like an upthrust bar closing down near the Low. But the Volume is normally Lower than average. this is a sign of weakness.If the Volume is High then weakness increases. Smart Money is trying to trap the retailers into bad position. A downbar after a pseudo Upthrust Confirms weakness. If the volume is above average the weakness is increased.
Low Volume Test applied
The previous bar was a successful Test of supply. The current bar is a upbar with higher volume. This confirms strength
Trend Change
The stock has been moving up on high volume. The current bar is a Downbar with high volume. Indicates weakness and probably end of the up move
Effort Up
Effort to Rise bar. This normally found in the beginning of a Markup Phase and is bullish sign.These may be found at the top of an Upmove as the Smart money makes a last effort to move the price to the maximum
Effort Down
Effort to Fall bar. This normally found in the beginning of a Markdown phase.
No Supply Bar
No Supply. A no supply bar indicates supply has been removed and the Smart money can markup the price. It is better to wait for confirmation
Stopping Volume
This will be an downbar during a bearish period closing towards the Top accompanied by High volume. A stopping Volume normally indicates that smart money is absorbing the supply which is a Indication that they are Bullishon the MArket.Hence we Can expect a reversal in the down trend.
No Demand Bar
Any up bar which closes in the middle OR Low, especially if the Volume has fallen off, is a potential sign of weakness. Things to Look Out for: if the market is still strong, you will normally see signs of strength in the next few bars, which will most probably show itself as a Down bar with a narrow spread, closing in the middle OR High. * Down bar on Low Volume.
How can you get Access
Just private message me!
Will be happy to help, use comment box for constructive comments only
VSA + Volume Oscillator [@TradersVenue]Volume is very crucial while trading, as it indicates the participants interest in the script. Focus is to look for the high volume candles which had a significant price action to initiate a trade on the scrip. This volume indicator combines the VSA signals along with volume and highlights price action using different symbols.
Highlights:
Major Sign of Strength (SoS) - Downthrust Bar supported by momentum & in the direction of trend (Green Star Under the candle)
Any candle highlighted with a Green star is a solid breakout candle where price volume action indicates that participants wants the price to move up. This is normally a wide range bar with ultra high volume closing near the upper part of the candle. Also the trend and momentum favours the breakout which is identified using MA & RSI to support the bullish case.
Major Sign of Weakness (SoW) - Upthrust Bar supported by momentum & in the direction of trend (Red Star Under the candle)
Any candle highlighted with a Red star is a solid breakdown candle where price volume action indicates that participants wants the price to move down. This is normally a wide range bar with ultra high volume closing near the lower part of the candle. Also the trend and momentum favours the breakout which is identified using MA & RSI to support the bullish case.
Normally prefer trading the scrip in the direction of breakout or breakdown after noticing a starcandle. Apart from that there are some important VSA signals for which quick cheet sheet is given below.
Sign of Strength (SoS) - Green Star/Circle/Square
Sign of Weakness (SoW) - Red Star/Circle/Square
Circle represents - Stopping Volume (SV) if green, Supply Overcomes Demand (SoD) if red.
Square represents a TrendReversal (TR), if green bullish, if red bearish
Apart from that you can view the volumes either in the form of oscillator which is calculated basis the standard deviation or normal volumes. Deep Green/Green volume bars represent high volume green candle. Deep Red/Red candle represents high volume sell candle. Pink and blue candles are those where volume action is low or negligible to take any trade basis that. Prefer using the indicator with default settings.
Price action is least lagging indicator as compared to other indicators. And as usual no indicator has 100% success rate. So I urge all users not to consider this as a holy grail. This indicator need to be used along with the VSA signal indicator (which can be plotted on the chart) and RSI indicator which is provided as full VSA trading setup for swing trades. The overall usage will be provided through a demo to the subscribing users. In order to gain access to this indicator you may contact me using the below signature.
(VIP) VSA Scanner v2This script is major rewritten from scratch analysis of Volume Spread Analysis in comparison to previous version. New definitions have been added, calculations of Spread, Volume and Trend have been optimised and signals are much more accurate. I created script based on definitions coming from methodology of Volume Spread Analysis. Signals appearing below candle are treated as SOS (Signal of Strength) and those above candles - SOW (Signal of Weakness). Also we can see automatic identification of Bullish / Bearish Volume . Script is judging Spread and Volume used for identifying VSA Signals based on multiple factors. Also analysis of Effort & Result have been added, easily allowing to spot continuations of trend and divergences.
All major signals from VSA have been added like Stopping Volume, Climaxes, End of Rising Market, Bag Holding etc.
In case of interest, please contact me directly via DM on Tradingview or please see link to documentation from my signature where you can find more information about Subscription and script itself.
LPS PLSY INDICATOR for VSA( Google translation from Russian.)
Signal conditions:
1. There is a bar with an increased volume
2. The next bar after the bar with increased volume closes in the other direction
Arguments:
Comparison period - the period during which the volumes are compared with each other to calculate the bars with the increased volume.
sensitivity of increased volumes - according to the percentrank indicator - the border above which the volume will be considered large, the same as in the Volume on bar VSA indicator - indicator V2 - for clarity of how it works, I recommend looking at it.
efficiency of the next bar - (efficiency of the next bar from 0 to 100) ") - the efficiency of buying or selling on the next bar, bar field with a large volume. If the value is closer to 100, then the bars whose spread corresponds to the inserted volume will be taken into account, if closer to 0, then bars with a small spread and a large volume can be taken into account.
This argument is calculated similarly to the efficiency of bulls and bears for VSA
Attention.
In its original form, this indicator can give a large number of false signals. To filter out false signals, it should be used after studying the theory of VSA.
Russian language
Условия для сигнала:
1. Имеется бар с повышенным объёмом
2. Следующий бар после бара с повышенным объемом закрывается в другую сторону
Аргументы:
период для сравнения – период, на котором сравниваются между собой объёмы, для вычисления баров с повышенным объемом.
чувствительность повышенных объемов – согласно индикатору percentrank – граница выше которой̆ объем будет считаться большим, то же самое, что в индикаторе Volume on bar VSA - indicator V2 – для наглядности как это работает рекомендую посмотреть его.
эффективность следующего бара от 0 до 100 - эффективность покупок или продаж на следующем баре, поле бара с большим объемом. Если значение ближе к 100 то будут учитываться бары у которых спред соответствует вложенному объему, если ближе к 0 то могут учитываться бары у которых спред маленький а объем большой.
Расчёт этого аргумента производится аналогично индикатору efficiency of bulls and bears for VSA
Примечание
В исходном виде этот индикатор может давать большое количество ложных сигналов. Для отсеивания ложных сигналов его следует применять после изучения теории VSA.
bulls vs bear for VSA(Google translation from Russian.)
This indicator is based on the efficiency of bulls and bears for VSA and has the same parameters.
Its only difference is that all the values of the efficiency of bulls and bears for VSA indicator are sequentially added here.
I want to note that the Period spread - Bars from close to close argument was made for experimental purposes, and shows interesting results for values 3-4-5, in theory this is not very logical. Because then the estimate of the spread for this interval (3-4-5) will be divided by the estimate of the volume of the current bar.
Also added here is a moving average with a default period of 10 - theoretically, if the indicator is above the moving average - the initiative is behind the bulls - if below - the initiative is behind the bears.
It is recommended to use this indicator with the indicator:
efficiency of bulls and bears for VSA
Volume on bar VSA - indicator V2
Russian language.
Этот индикатор сделан на основе efficiency of bulls and bears for VSA и имеет такие же параметры.
Единственное отличие его в том, что тут последовательно складываются все значения индикатора efficiency of bulls and bears for VSA .
Хочу отметить, что аргумент Period spread - Bars from close to close (Период спреда - Баров от закрытия до закрытия) сделан в экспериментальных целях, и показывает интересные результаты на значения 3-4-5, в теории это не очень логично. Потому-что тогда будет делиться оценка спреда за этот интервал (3-4-5), на оценку величины объема текущего бара.
Также тут добавлена скользящая средняя с периодом по умолчанию 10 – теоретически, если индикатор над скользящей средней – инициатива за быками – если ниже – инициатива за медведями.
Это индикатор рекомендуется использовать с индикатором:
efficiency of bulls and bears for VSA
Volume on bar VSA - indicator V2
efficiency of bulls and bears for VSA(Google translation from Russian.)
This indicator shows the effectiveness of selling or buying.
It is calculated as follows: using percentrank, the volume and the value of the spread are estimated (momentum = 1)
the resulting estimate of the volume value is divided by the estimate of the spread (momentum = 1) and thus we obtain the value. The larger it is, the more efficient and easier the price movement was.
If the indicator value is small, then this means that the movement was ineffective, because the volume (money) was invested. but no result.
The color of the volume bars is assigned as follows:
Buyers:
If the volume is large - Blue - green
If middle, then blue
Small - light blue
Sellers:
If the volume is large - Burgundy color
If middle, then purple
Small volume - light purple
Indicator parameters:
Comparison period - the period at which the volumes and spread are compared with each other - by default it is 50, selected as the most universal period suitable for different timeframes. But for daytime ones. Weekly and monthly timeframes may need to be shortened. This is true after significant spikes in volume that are exceptional over the long term.
Period spread - Bars from close to close - or in other words, it is momentum - defaults to 1
sensitivity of increased volumes - according to the percentrank indicator - the limit above which the volume will be considered large, the same as in the Volume on bar VSA - indicator V2 - for clarity, I recommend looking at it.
The default is 85, which means. that if the current value of the volume is greater than 85% of the remaining values in this period, then such a value of the volume will be considered high.
medium volume sensitivity - the same sensitivity of increased volumes but for medium volumes.
multiplier of increased volumes - this is an empirical factor to emphasize the importance of increased volumes - default = 20
multiplier of average volumes - the same. As above, but for medium volumes - the default is 10
reduced volume multiplier - Default is 1.
Knowledge of VSA is required to read this indicator
This indicator is recommended for use with indicators:
Volume on bar VSA - indicator V2
BAR for VSA
Russian language
Этот индикатор показывает эффективность продаж или покупок.
Рассчитывается следующим образом: с помощью percentrank оценивается величина объема и велечина спреда (momentum = 1)
полученная оценка велечины объема делится на оценку спреда (momentum = 1) и таким образом получаем значение. Чем оно больше, тем движение цены было эффективнее и легче.
Если значение индикатора маленькое, то это означает, что движение было неэффективным, поскольку объем (деньги) вложили. а результата нет.
Цвет барам объемов присваиваются следующим образом:
У покупателей:
Если объем большой - Сине – зелёный цвет
Если средний – то голубой
Маленький – свело-голубой
У продавцов:
Если объем большой - Бордовый цвет
Если средний – то пурпурный
Маленький объем – светло-пурпурный
Параметры индикатора:
Comparison period (период для сравнения) – период на котором между собой сравниваются объемы и спред – по умолчанию равно 50 , выбрано как наиболее универсальный период подходящий для различных таймфреймов. Но для дневных. Недельных и месячных таймфреймов может потребоваться уменьшить период. Это актуально после значительных всплесков объемов, которые являются исключительными на длительном периоде.
Period spread - Bars from close to close (Период спреда - Баров от закрытия до закрытия) – или другими словами это momentum – по умолчанию равно 1
sensitivity of increased volumes (чувствительность повышенных объемов) – согласно индикатору percentrank – граница выше которой объем будет считаться большим, то же самое, что в индикаторе Volume on bar VSA - indicator V2 – для наглядности как это работает рекомендую посмотреть его.
По умолчанию задано 85 – это означает. что если текущее значение объема больше, чем 85% остальных значений на этом периоде, то такое значение объема будет считаться высоким.
medium volume sensitivity (чувствительность средних объемов) – то же самое sensitivity of increased volumes но для средних объемов.
multiplier of increased volumes (множитель (вес) повышенных объемов) – это эмперический коэффициент для придания особой важности повышенным объемам- по умолчанию = 20
multiplier of average volumes (множитель (вес) средних объемов) – то же самое. Что и выше, но для средних объемов – по умолчанию равно 10
reduced volume multiplier (множитель (вес) пониженных объемов) – по умолчанию равно 1.
Для чтения данного индикатора необходимо знание VSA
Этот индикатор рекомендуется использовать с индикаторами:
Volume on bar VSA - indicator V2
BAR for VSA
EarnedHello friends. I am glad to present for your attention one of my products based on the X-Volume indicator code. The "Earned" indicator shows how much money is earned on the market relative to actual timeframe. Accuracy is relative but nevertheless it is close to actual calculated figures.
How this information can help you? Moust easy interpritation -
1) Trend up - earnings up - bulls in the market.
2) Downward trend and earnings up - bears in the market.
3) Trend up - earnings down - fake growth.
4) Downward trend - earnings down - fake bears.
Volume+DeltaIndicator shows Volume and Delta, if Delta is positive - its green, if negative - its red
