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.

Release Notes

(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.

Release Notes

Improved overall performance.

Release Notes

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

Release Notes

Updated Features

Release Notes

Improved Overall Performance

Release Notes

IMPROVED OVERALL PERFORMANCE

Release Notes

Error Fixed

Bharatgawande12

atropine.in/

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Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Bharatgawande12 for more information, or follow the author's instructions below.

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Author's instructions

″This is Subscription Based Indicator, You have to Obtain Subscription to Access it, from https://atropine.in

Want to use this script on a chart?

Warning: please read before requesting access.

Bharatgawande12

atropine.in/

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