INVITE-ONLY SCRIPT

VSA + Volume Oscillator [@TradersVenue]

Обновлено
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.
Информация о релизе
Below fixes done on the script

1) Color change basis volatility shift and VSA breakouts. Now background color remains green after a VSA Breakout till next Breakdown and vice versa.
2) Added alerts for "VSA BreakOut" and "VSA Breakdown"
3) At times the VSA highlighting symbols were not visible. Did fix so that it remains visible all times when oscillator mode is active.
Информация о релизе
There is a major change. Upgrade your script to take the benefit of the change. If you have already applied the script, then you can change its version to latest.

1) Added Turnover information for current timeframe candle and higher timeframe candle. D=Daily W=Weekly
2) Added volume for current candle and higher timeframe candle.
3) Just move mouse over the label to see the tool tip on shortcuts.
Информация о релизе
Must have update. Enhancements for scalping in 3/5/10M timeframes.
Информация о релизе
Updated the publishing removing other indicators. No major changes done in this release.
Volume IndicatorvolumeoscillatorvolumespreadanalysisVSA

Скрипт с ограниченным доступом

Доступ к этому скрипту разрешён только для пользователей, авторизованных автором, и для этого обычно требуется оплата. Вы можете добавить скрипт в список избранных, но использовать его можно будет только после запроса на доступ и получения разрешения от автора. Свяжитесь с TradersVenue, чтобы узнать больше, или следуйте инструкциям автора ниже.

TradingView не советует платить за скрипт и использовать его, если вы на 100% не доверяете его автору и не понимаете, как он работает. Часто вы можете найти хорошую альтернативу с открытым исходным кодом бесплатно в нашем разделе Скрипты сообщества.

Инструкции от автора

You can connect to me directly using the details given in signature field for gaining access to the script

Хотите использовать этот скрипт на графике?

Внимание: прочтите это перед тем, как запросить доступ.

For queries, suggestions, access requests you can reach out to me using below social media handles.

EMail_ID:- support@tradersvenue.com
Telegram: t.me/TradersVenue
Twitter: twitter.com/PB_Fin
YouTube: youtube.com/channel
Мои профили:

Отказ от ответственности