all this volume Impuls VSA index colors these volume histogram taking into account the direction of the pub and in comparison with the amounts of previous bars. The volumes of the uptrend and downtrend are coloured red and blue, respectively. The excess of the current volume over the previous volumes of the opposite direction forms an urge. accordingly, the momentum of the upward and downward trends are coloured in orange and blue. In addition, the index displays three levels that allow you to easily compare volumes with every other. Volume evaluation helps determine the current market trend. The indicator will be useful for traders who use the VSA method in their trading. With the help of the indicator, it is easy to determine the possible levels of rebound during correction, as well as the moments of the beginning, end and change of the trend. The combined use of Volume Impuls VSA with the ProfileVolumesMarket volume concentration indicator provides a powerful tool for trading at the levels formed by volumes.
- PeriodAutoFit-in the value “true” – the period of the indicator volume comparison levels is 24 hours
- VSA_Period – calculation period in bars of indicator volume comparison levels, if PeriodAutoFit = false
- ShowOfBars – depth of the indicator display history on the chart