inno14

Volume Scale by Price (VSP)

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Volume Scale by Price (VSP) show volume of bar in y-axis (price-axis) with options below:

1. Number of histogram
* Number of histogram = 0 => do not plot volume histogram
* Number of histogram = 1 => plot volume of 21 lasted bar (bar to bar )
* Number of histogram = 2 => plot volume of 21 bar next histogram 1 (bar to bar )

2. Line width
* Columns width of histogram

3. Volume scale ratio
* Scaling histogram with justifiable ratio depend on time frame and symbol

4. Histogram color
* Color of histogram
Phát hành các Ghi chú: * Base on idea of @sam_m400 about Multi Time Frame mode, the script has updated with following details:

1. Adding Muti Time Frame Mode: M5, M15, M30, H1, H4

2. Update Notes:
* Due to limited of drawing data, to enable MTF Mode, pls adjust No. histograms <= 1.
* Due to limited of function "security", the MTF Mode show only volume of lasted 18 bars.

3. Thank @sam_m400 for your idea.
Phát hành các Ghi chú: Add Buy & Sell color to Histogram.
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Bình luận

great work and thanks for sharing
Phản hồi
Please add buy and sell in green and red in the VSP bars..thanks...
Phản hồi
inno14 sam_m400
@sam_m400, pls update new version of script to add buy & sell color option. Thanks.
+1 Phản hồi
sam_m400 inno14
@inno14, thanks.. that works really great.. awesome work.. I am using and works very well..thanks..
Phản hồi
can you try adding Buy or Sell ? Sell in Red and Buy in Green as well..
Phản hồi
Excellent..Is anyway you can add Timeframe and number of bars as input as we could use in multiframe mide??it will excellent indicator of you could add that..at least TF will definitely help to use it in multiframe mode..
Phản hồi
inno14 sam_m400
@sam_m400, Thank you for your comment, pls find the updated version of script with release notes above.
Phản hồi
sam_m400 inno14
@inno14, thanks..that really helps..only with 1 histogram it is very nice with timeframe feature..you could see the profile code of scripts viper,volume profile RRX which can help to incorporate bar range as well as those scripts TF is not there, only bar range is there.you can try at least try 250 range...that will make your indicator with all features..a small suggestion
Phản hồi
sam_m400 sam_m400
@sam_m400, i tried today but without more bar range it is very difficult to trade ... So more bar range would need to exactly get the price at volume so that we get broader picture of historical data on higher volume at price at lower time frame...TF is excellent but bar range would need to be increased... you can see the viper and Volume profile Ultra RRB script code which they have bar range option...
Phản hồi
sam_m400 sam_m400
@sam_m400, i tried again without more ranges it is difficult to predict the future market target prices using volume at price.. My suggestion is to add more bar range 250 Plus to make this indicator effective...
+1 Phản hồi
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