TradingView
karthikmarar
3 Sep 2021 pukul 18.28

VPA - 5.0  

FORTIS HLTH (INDIANSE

Deskripsi

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

Catatan Rilis

Revision 1 - Revision Notes

Now the user has an option to display SOS and SOW symbols instead of text labels. The description of the SOS/SOW can be made available with the help of Tooltips displayed when the cursor is placed on the symbols

Bugs in the trend band for the Minor Trend has been corrected

Status of the "Relative Strength" (In comparison to NSE 500) , The Absolute Strength of the stock trend and the Money flow in to the stock are displayed in the Status Table on the right Hand side top.

New signal added - High Volume unable to move price. Demand / Supply Area - Bullish or Bearish Depending on the Location of the Bar

The Bar coloring based on strength (3 Colors) is confusing to many users and will be removed.
New bar coloring has been introduced. If the close is higher than yesterday’s close then it will be colored in green shade. If the volume is below average then the color will be in lighter green and if the volume is higher than average color will be darker shade of green.in the similar manner if the close is lower than yesterdays’ close then the bar will be colored in shades of Red depending on Volume. The average volume will be 60 days volume.

Komentar
TK42DAN
Accidentally came across this and it looks awesome!
Question: Is there any way to make the alert bo times match up to my time zone?
Request: It looks like the most recent alert in the alert box is on the bottom rather than the top of the list. If that's so, it would be great if the most recent could be at the top of the list.
Question: I would love to be able to make the Alert Box font larger.
karthikmarar
@TK42DAN, Thanks a lot
karthikmarar
@TK42DAN, Thanks. Will try to implement your suggestion in the next revision
Nguyen1975
It's great, thanks so much for your this indicator, I love it
karthikmarar
@Nguyen1975, Thanks a lot
TedPham
Thanks for sharing
karthikmarar
@TedPham, Thanks
robbenmu
great work
karthikmarar
@robbenmu, Thanks a lot
UnknownUnicorn16043985
Hi @karthikmarar, this script is awesome. Do you know if there are differences between what you've created and VPA from NinjaTrader? Thank u
Lebih lanjut