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VSA Resistance

This indicator shows a "resistance" encountered by the price in relation with volumes. If a bar is big, the price encountered much resistance to plot the bar, if it's small the price encountered low resistance.
This informations help taking better decisions based on VSA ( Volume Spread Analysis), making the spread between bar volume and bar extension clearer to read.
If you see some very large bars and all the others quite small try to use the "threshold" param, especially on lower timeframes. On indexes (nasdaq, dax , dow jones) I found that setting threshold to 5 is good for M1 too, but feel free to try other values to find the right one for you.
Feedbacks are more than welcomed!
This informations help taking better decisions based on VSA ( Volume Spread Analysis), making the spread between bar volume and bar extension clearer to read.
If you see some very large bars and all the others quite small try to use the "threshold" param, especially on lower timeframes. On indexes (nasdaq, dax , dow jones) I found that setting threshold to 5 is good for M1 too, but feel free to try other values to find the right one for you.
Feedbacks are more than welcomed!
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受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。