nVPSA - Normalized Volume-Price Spread Analysis

2023년 8월 4일

Normalized volume-price spread analysis indicator can be helpfully tool in Tom's William metodology - VSA.
The indicator use normalized data by y/x(max) operation, where x(max) is the biggest value in range. Indicator separate spread to four levels - standard divation is separator.


The indicator graphically shows:
- normalized volume, visualized by wide column,
- normalized price spread, visualized by narrow column,
- linear regression calculated from normalized volume, visualised by crosses,
- linear regression from normalized price spread, visualized by circles.

Columns are marked by five colors according to standard deviation:
- blue x<first deviation,
- green x< second deviation,
- red x>second deviation, x<fourth deviation,
- fuchsia x>fourth deviation,
- gold when volume or price spread achive new maximum in analysis range.

Linear regression uses three colors:
- green when volume/spread is up bar by bar,
- red when volume/spread is down bar by bar,
- black when volume/spread is down two times bar by bar.

Additionally, it is posible to use alarm on Golden Bar. Colors and range values are editable from indicator settings.

2023년 8월 20일

릴리즈 노트

- minor language
- volume std display fix
- added alerts for all volume and price spread events