VSA with Smart Volume-Atropine

• Volume spread analysis is a new way of looking at the market. It more like the candlestick analysis taking into consideration the volume . Volume Spread Analysis is one of the most important concepts of technical analysis .
  
  
• Volume plays a very important role for traders. It is one of the key movers of the market because the market is mostly moved by fear and greed among the participants. Volume is also important in confirming a trend and chart patterns.
  
  How Does This Indicator Works ?
  
  1. It indicates Strengths and Weakness Signals on the basis of Tom Williams Volume Spread Analysis.
  2. It Automatically Draws Potential Zones and you can extend them.
  3. It Draws zones over Strength or Weakness Signal for whole session.
  4. Gives Options to hide Historical Action to avoid noise over the chart.
  5. Shows Cumulative Volume over the Candle to get clear Picture of buyer and seller.
  6. It Indicates most important signal of Effort vs Result.
  7. Automatically draws zone of High Volume Candle from Higher Time frame.
  8. Draws 60min(1Hr) Initial Balance Range.

Versionsinformation:

(New*) Added Signal Information Function, No any Indicator Available in the Market shows Signal Information like this. This function shows VSA signals Description, Background & Future, by pointing the mouse cursor over the signal.
(New*) Added Option to change the text size for Mobile view.
(Optimized) Added option to change the color of Signals and Previous day High & Low and Current day Open.
(Optimized) Signals for Higher Timeframe.
(Removed) Initial Balance Range.

Versionsinformation:

Improved overall performance.

Versionsinformation:

Added Volume Weighted Average Price (VWAP) and Optimized Script Code.

Versionsinformation:

Updated Features

Versionsinformation:

• Improved Overall Performance

Versionsinformation:

IMPROVED OVERALL PERFORMANCE