Auto Volume Spread Analysis (visible volume and spread bars auto-scaled): Understanding Market Intentions through the Interpretation of Volume and Price Movements. All the sections below contain the same descriptions as my other indicator "Volume Spread Analysis" with the exception of 'Auto Scaling'. █ Auto-Scaling This indicator auto-scales spread bars to...
Volume Spread Analysis: Understanding Market Intentions through the Interpretation of Volume and Price Movements. █ Simple Explanation: The Volume Spread Analysis (VSA) indicator is a comprehensive tool that helps traders identify key market patterns and trends based on volume and spread data. This indicator highlights significant VSA patterns and provides...
Library "VolumeSpreadAnalysis" A library for Volume Spread Analysis (VSA). spread(_barIndex) Calculates the spread of a bar. Parameters: _barIndex (int) : (int) The index of the bar. Returns: (float) The spread of the bar. volume(_barIndex) Retrieves the volume of a bar. Parameters: _barIndex (int) : (int) The index of the...
This is a supporting Indicator for the Volume Price Analysis Script VPA 5.0. Purpose To indicate the performance of the stock compared to an Index or any other selected stock. It also provides an idea about the strength of the Reference Index as well. Description The indicator is an unbound oscillator moving around a zero line. If the stock is strong then...
RedK EVEREX is an experimental indicator that explores "Volume Price Analysis" basic concepts and Wyckoff law "Effort versus Result" - by inspecting the relative volume (effort) and the associated (relative) price action (result) for each bar - showing the analysis as an easy to read "stacked bands" visual. From that analysis, we calculate a "Relative Rate of...
A variation of a Volume Profile based on code originally by LuxAlgo. () The traditional bar chart is replaced with full-width bars that are brighter for high volume price levels. Like a traditional VP, its purpose is to visualize how volume corresponds to specific price levels, allowing you to get a quick idea of where the most activity is occurring, and where it...
At 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...
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....
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...
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...
This 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,...
This a Volume Indicator to be used with the VPA Analysis Indicator system
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...
Volume spread analysis is basically a tool to discover the correlation of price in relation to volume , in order to determine the short-term outcome of price action, in other words, where the market might be moving next. I have developed this indicator called VSA. It tracks smart money activity and suggests the potential direction of the market. This indicator...
This indicator is based on Volume and Price spread analysis developed by tom williams. It shows following indicators based on price range and volume data Bearish Indicators 1. Buying climax 2. End of Rising Market 3. Upthrust 4. Smart selling 5. No Demand 6. VDD Bullish Indicators 1. Selling Climax 2. End of falling 3. Stop Volume 4. Reverse Upthrust 5....
Highlighting possible reversals, continuation, etc based on price action and volume analysis.
Volume is important. Volume is VERY important. But all the existing methods of volume analysis and order flow analysis fall into the same trap: they're all extremely complicated, hard to learn, and difficult for the human brain to distill down to an actual, tradable signal. The Relative Volume Gradient Paintbars indicator seeks to address this issue by reducing...
The Price Wave Indicator is very good add-on to the Volume wave which is an important tool in the Wyckoffian Analysis of the stocks. Along with the Volume wave it helps to understand the effort and result ratios and the consequent effect on the stocks. It has to be used in conjunction with the Volume wave and not useful on a standalone basis