Volume Spread Analysis AY
Alerts Indicator
100% FreeIt applies Volume Spread Analysis (VSA) through a rolling linear regression: for each candle it calculates the expected spread from volume and compares it with the actual spread, and the difference is the signal. A statistical filter makes sure signals only appear when the relationship between volume and range is strong.
How to install
Open TradingView and click Pine Editor at the bottom. Open the file you downloaded, copy all of its contents, and paste it into the editor replacing what is there. Then press Add to chart and it appears on your chart.
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