LazyBear

Short-term Volume And Price Oscillator [LazyBear]

Short-term Volume and Price Oscillator (SVAPO), developed by Sylvian Vervroot, combines both Price and Volume to construct an oscillator. In essence, when the price is trending up and volume is increasing, volume is added into the oscillator calculation. Conversely, when price is trending down and volume is increasing, volume will be subtracted from the oscillator. During consolidation phases when price and volume diverge, volume is not used to calculate the oscillator.

Some notes from his book:
- A buy is indicated when the oscillator is below the green line but greater than yesterday’s value.
A sell is indicated when the oscillator is above the red line but less than yesterday’s value.
- The start of a short term up move is signaled by SVAPO when it turns up from below the lower standard
deviation boundary. The same is valid for a short term down move when SVAPO turns down from above the
upper standard deviation boundary.
- Medium term turning points in an up or downtrend are mostly announced with a divergence between price and
SVAPO. In a medium term uptrend, SVAPO will generally continue to move above the 0-reference line.

More info:
http://stocata.org/ta_en/proprietary.htm...
http://stocata.org/youtube/video_003.htm...

Vervroot sometimes uses this with his modified %B oscillator (https://www.tradingview.com/v/sDPe1PDd/).

List of my other indicators:
- Chart: - GDoc: https://docs.google.com/document/d/15AGC...
즐겨찾기 스크립트에서 빼기 즐겨찾기 스크립트에 넣기
//
// @author LazyBear 
// List of all my indicators: 
// https://docs.google.com/document/d/15AGCufJZ8CIUvwFJ9W-IKns88gkWOKBCvByMEvm5MLo/edit?usp=sharing
//
study("Short-term Volume And Price Oscillator [LazyBear]", shorttitle="SVAPO_LB")
length=input(8, title="SVAPO Period", minval=2, maxval=20)
cutoff=input(1, title="Minimum %o price change", maxval=10, minval=0)
devH=input(1.5, title="Stdev High", maxval=5, minval=0.1)
devL=input(1.3, title="Stdev Low", maxval=5, minval=0.1)
stdevper=input(100, title="Stdev Period", maxval=200, minval=1)

calc_tema(s, length) =>
    ema1 = ema(s, length)
    ema2 = ema(ema1, length)
    ema3 = ema(ema2, length)
    3 * (ema1 - ema2) + ema3

calc_linregslope(C, tp) =>
    ((tp*(sum(cum(1)*C,tp)))-(sum(cum(1),tp)*(sum(C,tp))))/((tp*sum(pow(cum(1),2),tp))-pow(sum(cum(1),tp),2))

calc_OR2(x) => 
    y=x // To force expr evaluation
    (y == true) or (y[1] == true)

haOpen=(ohlc4[1] + nz(haOpen[1]))/2
haCl=(ohlc4+haOpen+max(high, haOpen)+min(low, haOpen))/4
haC=calc_tema(haCl, round(length/1.6))
vma=sma(volume, length*5)
vave=vma[1]
vmax=2*vave
vc=iff(volume<vmax, volume, vmax)
vtr=calc_tema(calc_linregslope(volume, length), length)
svapo=calc_tema(sum(iff(haC>(nz(haC[1])*(1+cutoff/1000)) and  calc_OR2((vtr>=nz(vtr[1]))), vc, iff(haC<(nz(haC[1])*(1-cutoff/1000)) and calc_OR2((vtr>nz(vtr[1]))),-vc,0)), length)/(vave+1),length)
plot(devH*stdev(svapo,stdevper), color=red, style=3)
plot(-devL*stdev(svapo,stdevper), color=green, style=3)
plot(0, color=gray, style=3)
plot(svapo, color=maroon, linewidth=2)
List of my free indicators: http://bit.ly/1LQaPK8
List of my indicators at Appstore: http://blog.tradingview.com/?p=970

코멘트

Brilliant! Yet another go-to indicator. Thanks LB.
+2 응답
grahvity grahvity
+1 응답
Good example
+1 응답
You back testing this new indicator ?
응답
LazyBear grahvity
Thx Grahvity.
응답


Rate of Change does make a difference in future price action with this indicator
+1 응답
LazyBear QuantitativeExhaustion
Nice.
+1 응답
Looks like we can also see a band squeeze too
응답
LazyBear QuantitativeExhaustion
yup.
+1 응답
홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 사용안내 차트 특징 프라이싱 프렌드 리퍼하기 하우스룰(내부규정) 헬프 센터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 라이트웨이트 차팅 라이브러리 블로그 & 뉴스 트위터
프로화일 프로화일설정 계정 및 빌링 프렌드 리퍼하기 나의 서포트 티켓 헬프 센터 공개아이디어 팔로어 팔로잉 비밀메시지 채팅 로그아웃