Volume indicator judging level of volume per bar accordingly to Volume Spread Analysis rules. It allows either to set static volume levels or dynamic ones based on ratio comparable to Moving Average. Bars are coloured based on ratio or static levels, visually presenting level of Volume (low, average, high, ultra high).
Notes de version
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Improved handling of static volume levels, that are now working and color in a correct way volume bars.
Notes de version
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added possibility to display MA based on defined session range
added predefined settings switch for volume for NQ and DAX for interval M1
Notes de version
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Fixed issue with Predefined levels for NQ and DAX
Notes de version
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Added display of divergences accordingly to VSA Volume rules: - Bullish Divergence - when price drops and volume fall - Bearish Divergence - when price rise and volume fall
Those are extremely powerful signals of potential reversals of trends, as those divergences are signalling lack (decrease) of Supply/Demand that fuelled earlier the move on market.
Notes de version
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Rewritten from scratch mechanism of calculating Average Volume from last Sessions (configurable via Inputs)
Notes de version
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- Fixed and optimised calculations of Session Average Volume - added predefined settings for time to calculate Session Average for EU and US markets
Notes de version
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Completely rewritten from scratch logic of Volume Analysis. Enjoy!
Hey there! Love this indicator with coloring of volume. You mentioned in release notes there is a possibility to see divergences? Where is it? Doesn't seem to show.
gerardmillan53
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Hello,
Not sure how to use your indicator, there's a guide? I've read your post but still have some doubts about it.
Thanks a lot!
FlammaTheKing
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Help me details of color bars
rohankirtiraj
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What is the Source of this? Can you please name the reference/book
ChesTV
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Hi, I tried to find a tradingview open source for VSA Scanner V 3.1 - is there one available do you know, please ?
Mandy8888
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Thanks for this. Great indicator but volume divergence's not available anymore?
ifly777
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Thanks a lot. Very nice.
doktormusic
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hi man, this is cool VSA, can you help to convert into 0-100 scale?
Allesmann
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hi, thank you for your great work! is it possible to add alert funktion to this indikator? thx again