tarasenko_

Extreme Volume Support Resistance Levels

tarasenko_ Updated   
Extreme Volume Support Resistance Levels are S/R levels(zones, basically), based on extreme volume .

Settings:
  • Lookback -- number of bars, which algorithm will be using;
  • Volume Threshold Period -- period of MA (Volume MA), which smoothers volume in order to find the extremes;
  • Volume Threshold Multiplier -- multiplier for Volume MA, which "lift" Volume MA and thus will provide the algorithm with more accurate extreme volume ;
  • Number of zones to show -- number of last S/R zones, which will be shown on the chart.

RU:
Extreme Volume Support Resistance Levels — это уровни S/R (зоны, в основном), основанные на избыточном объеме.

Параметры:
  • Lookback -- число баров, которое алгоритм будет использовать для расчётов;
  • Volume Threshold Period -- период MA (Volume MA), которая сглаживает объем для нахождения экстремумов объёма;
  • Volume Threshold Multiplier -- множитель для Volume MA, который "поднимает" Volume MA и тем самым обеспечивает алгоритм более точными значениями экстремального объёма;
  • Количество зон для отображения -- количество оставшихся зон S/R, которые отображаются на графике.
Release Notes:
Big update:
+ MTF: now you can choose timeframes to extract data from and even create your own timeframes;
+ Logic update;
+ Structured documentation for curios people;
+ Dashboard(DB) for tracking your chosen MTF and current timeframe so you can easily distinguish one another;
+ Little customization for DB;
+ Minors.
Release Notes:
+ Quick logic fix.
Release Notes:
+ Minors;
Release Notes:
+ Big logic fix, now algorigthm is nearly 10x faster and more efficient;
+ Added little of customization for zones;
+ Changes in code documentation;
+ Minors;
Release Notes:
+ Minors;

Open-source script

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