DepthHouse Volume Weighted Support and Resistance

DepthHouse Volume Weighted Support and Resistance or VWSP uses calculations based on volume to determine possible levels of support and resistance.

--Options--

Moving Average Type: The first version supports 4 different moving averages for which the calculation are based upon. SMA (default) EMA, TEMA, DEMA
more of these will be added based on popularity & requests

Factors: The Current version supports up to 3 different factors. This is what gives the VWSR the layering effect.
The defaults are 2,3,4. However please feel free to adjust these to match your trading style.

Fill Debugger:This does nothing other than alters the fill spacing. This is used to to get rid of continuous fills if they ever occur. Does not effect calculations at all.

Try this indicator for FREE! Just leave a comment, or feel free to send me a PM

發布通知:

Updated calculations to reduce plotting noise.
Favorite Moving Average settings are 8 & 13.

發布通知:

• Primary lines now represent extreme levels of divergence.
  
• Simplified the options menu.
  
• Triple Exponential is now the default MA type.
  

發布通知:

• new advanced calculation to determine S/R levels
  
• added multiple time frame capabilities