// This source code is subject to the terms of the Mozilla Public License 2.

0 at
https://mozilla.org/MPL/2.0/
// © karthikmarar

//@version=4
// This is a updated version of the VPA Analysis, Rechristened as VPA 5.0 to be
inline with the Amibroker Version.
// Thanks to Marge Pande for Coding assistance - Resistance and Volume Lines and
some updates
// Credits to Quantnomad for the new Alert log (Public Script).
// Revision Notes
// Added the Bar Status and Trend Indication Table
// Aded the Alert Indicatio and LOg
// New signals like two bar reversal and Ease of movement added
// Option to switch off various VSA indication added
//Added option to plot Ressitance and Volume LInes
study("VPA - 5.0 ", overlay=true)
bkbg = input(title="Black Background", type=input.bool, defval=false)
showtrend = input(false, title="Show Trend Bands", type=input.bool, group="Bands")
strband = input(false, title="Show Strength Bands", type=input.bool, group="Bands")
plot50 = input(title="Plot 50 MA", type=input.bool, defval=false, group="Mov.Avg")
plot200 = input(title="Plot 200 MA", type=input.bool, defval=false,
group="Mov.Avg")
plot(plot50? sma(close,50): na, "EMA50", color= color.blue, style = plot.style_line
)
plot(plot200? sma(close,200): na,"EMA200", color=color.fuchsia, style =
plot.style_line )

//---------------------Plot EMA's and VWAP------------------------------------

showvwap = input(false, "Show VWAP", group="VWAP & EMA")
plot(showvwap ? vwap : na, "VWAP", color=color.new(color.yellow,10),
style=plot.style_stepline, linewidth=2)
showpma = input(false, "Show EMA", group="VWAP & EMA")
emasrc = input("CLOSE", "EMA Source", options=["CLOSE","PIVOT"], group="VWAP &
EMA")
shp = input(13,"Short EMA period", group="VWAP & EMA")
mip = input(34, "Mid EMA period", group="VWAP & EMA")
lop = input(55, "Long EMA period", group="VWAP & EMA")
pe = emasrc == "CLOSE" ? close : hlc3
ped = ema(pe,shp)
pew = ema(pe,mip)
pem = ema(pe,lop)
plot1 = plot(showpma ? ped : na, "PEMA-Short", color=color.lime)
plot2 = plot(showpma ? pew : na, "PEMA-Medium", color=color.yellow)
plot3 = plot(showpma ? pem : na, "PEMA-Long", color=color.red)
fill(plot1, plot2, color.new(color.green, transp =90) )
fill(plot2, plot3, color.new(color.yellow, transp =90) )

//-------------------End of EMA and VWAP section --------------

//===================== Basic VSA Definitions
=======================================

volAvg = sma(volume,40)
volMean = stdev(volAvg,30)
volUpBand3 = volAvg + (3*volMean)
volUpBand2 = volAvg + (2*volMean)
volUpBand1 = volAvg + (1*volMean)
volDnBand1 = volAvg -(1*volMean)
volDnBand2 = volAvg - (2*volMean)
H = high
L = low
V = volume
C = close
O = open
midprice = (H+L)/2
spread = (H-L)
avgSpread = sma(spread,40)
AvgSpreadBar = spread > avgSpread// to be checked
wideRangeBar = spread>(1.5*avgSpread)
narrowRangeBar = spread<(0.7*avgSpread)
lowVolume = V<volume[1] and V<volume[2] and V <volAvg // mods
upBar = C>close[1]//C>Ref(C,-1)
downBar = C<close[1]//C<Ref(C,-1)
highVolume = V>volume[1] and volume[1]>volume[2]// Review
closeFactor = C-L
clsPosition = spread/closeFactor
closePosition = ((closeFactor == 0) ? (avgSpread) : (clsPosition))
vb = V > volAvg or V> volume[1]
upClose = C>=((spread*0.7)+L)// close is above 70% of the Bar
downClose = C<=((spread*0.3)+L)// close is below the 30% of the bar
aboveClose = C>((spread*0.5)+L)// close is between 50% and 70% of the bar
belowClose = C<((spread*0.5)+L)// close is between 50% and 30% of the bar
midClose = C>((spread*0.3)+L) and C<((spread*0.7)+L)// close is between 30% and
70% of the bar
veryLowClose = closePosition>4//close is below 25% of the bar
veryHighClose = closePosition<1.35// Close is above 80% of the bar

ClosePos =
iff(C<=((spread*0.2)+L),1,iff(C<=((spread*0.4)+L),2,iff(C<=((spread*0.6)+L),3,iff(C
<=((spread*0.8)+L),4,5))))
//1 = downClose, 2 = belowClose, 3 = midClose, 4 = aboveClose, 6 = upClose
volpos = iff(V>(volAvg*2),1,iff(V>(volAvg*1.3),2,iff(V>volAvg,3,iff(V<volAvg and
(V<volAvg*0.7) ,4,5))))
//1 = veryhigh, 2 = High , 3 = AboveAverage, 4 = volAvg //LessthanAverage, 5 =
lowVolume

freshGndHi = high == highest(high,5)?1:0

freshGndLo = low == lowest(low,5)?1:0

//---------------No Movement Bar--------------------

pm = abs(C - O) // price move
pma = ema(pm, 40) // avg price move
Lpm = pm < (0.5 * pma) // small price move
bw = C > O ? H-C : H-O // wick
bwh = bw >= 2 * pm // big wick
fom1 = V > 1.5 * volAvg and Lpm // high volume not able to move the price

//---------------Two Bar Revrsal Dowm side--------------------

tbcd = C[1] < C[5] and C[1] < C[4] and C[1] < C[3] and C[1] < C[2] //yesterday
bar lower than last 4 bars
tbc1 = L < L[1] and H > H[1] // today bar shadoes yesterday bar
tbc1a = L < L[1] and C > C[1]
tbc2 = tbcd == 1 and tbc1 == 1 and V > 1.2 * volAvg and upClose
tbc2a = tbcd == 1 and tbc1a == 1 and V > 1.2 * volAvg and upClose and not tbc1
tbc3 = tbcd == 1 and tbc1 == 1 and upClose and V <= 1.2 * volAvg
//---------------- Two bar reversal Up sie --------------------
tbcu = C[1] > C[5] and C[1] > C[4] and C[1] > C[3] and C[1] > C[2]
tbc4 = tbcu == 1 and tbc1 == 1 and V > 1.2 * volAvg and downClose
tbc5 = tbcu == 1 and tbc1 == 1 and downClose and V <= 1.2 * volAvg
//=========================================================================|
// Trend Analysis Module |
//=========================================================================|

psmin = input(2,"Short term Min periods", input.integer, minval=1, maxval=9,

step=1, group ="Trend Analysis")
psmax = input(8,"Short term Max Periods", input.integer, minval=1, maxval=9,
step=1, group ="Trend Analysis")

rshmin = (high - nz(low[psmin])) / (atr(psmin) * sqrt(psmin))

rshmax = (high - nz(low[psmax])) / (atr(psmax) * sqrt(psmax))
RWIHi = max(rshmin,rshmax)

rslmin = (nz(high[psmin]) - low) / (atr(psmin) * sqrt(psmin))

rslmax = (nz(high[psmax]) - low) / (atr(psmax) * sqrt(psmax))
RWILo = max(rslmin,rslmax)

k = RWIHi-RWILo
ground = RWIHi
sky = RWILo

plmin = input(10,"Long Term Min Periods", type=input.integer, minval=1, maxval=32,

step=1)
plmax = input(40,"Long term Max Periods", type=input.integer, minval=1, maxval=64,
step=1)

rlhmin = (high - nz(low[plmin])) / (atr(plmin) * sqrt(plmin))

rlhmax = (high - nz(low[plmax])) / (atr(plmax) * sqrt(plmax))
RWILHi = max(rlhmin,rlhmax)

rllmin = (nz(high[plmin]) - low) / (atr(plmin) * sqrt(plmin))

rllmax = (nz(high[plmax]) - low) / (atr(plmax) * sqrt(plmax))
RWILLo = max(rllmin,rllmax)

j = RWILHi-RWILLo
j2 = RWILHi
k2 = RWILLo

ja = crossover(j,1) // The following section check the diffeent condition of

the RWi above and below zero
jb = crossover(1,j) // In oder to check which trend is doing what
jc = crossover(-1,j)
jd = crossover(j,-1)
j2a = crossover(j2,1)
j2b = crossover(1,j2)
k2a = crossover(k2,1)
k2b = crossover(1,k2)
//Define the Major, Minor and Immediate trend Status
upmajoron = j > 1 and ja[1]
upmajoroff = j < 1 and jb[1]
upminoron = j2 > 1 and j2a[1]
upminoroff = j2 < 1 and j2b[1]
dnmajoron = j < -1 and jc[1]
dnmajoroff = j > -1 and jd[1]
dnminoron = k2 > 1 and k2a[1]
dnminoroff = k2 < 1 and k2b[1]
upmid = iff(ground > 1, 1,0)
dnimd = iff(sky > 1, 1, 0)
upmajor = iff(j>1,1,iff(j<(-1),-1,0))
upminor = iff(j2>1,1,-1)
dnminor = iff(k2>1,1,-1)

upmajclr = upmajor == 1 ? color.lime : upmajor == -1 ? color.red : color.yellow

upmidclr = upmid == 1 ? color.lime : upmid == -1 ? color.red : color.yellow
upminclr = upminor == 1 ? color.lime : upminor == -1 ? color.red : color.yellow

plotshape(showtrend, "Minor Trend", color=upminclr, style=shape.square,

location=location.top, size = size.normal, text="")
plotshape(showtrend, title="Mid Trend", style=shape.square, color=upmidclr,
location=location.top, size = size.small, text="")
plotshape(showtrend, title="Major Trend", style=shape.square, color=upmajclr,
location=location.top, size= size.tiny, text="")

//=========================================================================|
// Slope Calculation |
//=========================================================================|
src = sma(close,5)
//--------------longterm trend---------------
lts = linreg(src, 40, 0)
ltsprev = linreg(close[3], 40, 0)
ltsslope = ((lts - ltsprev) / 3 )
//-------------Medium Term Trend-------------
mts = linreg(src, 20, 0)
mtsprev = linreg(close[3], 20, 0)
mtsslope = ((mts - mtsprev) / 3 )
//-------------short Term Trend-------------
sts = linreg(src, 3, 0)
stsprev = linreg(close[1], 3, 0)
stsslope = ((sts - stsprev) / 2 )
tls = stsslope
//=========================================================================|
// VSA SIGNAL GENERATION |
//=========================================================================|
upThrustBar = wideRangeBar and downClose and high > high[1] and upmid==1 //WRB
and UHS in midterm trend
nut = wideRangeBar and downClose and freshGndHi and highVolume // NEW
SIGNAL - Upthrust after new short up move
bc = wideRangeBar and aboveClose and volume == highest(volume,60) and
upmajor==1 // Buying Climax
upThrustBar1 = wideRangeBar and (ClosePos==1 or ClosePos==2) and upminor>0 and
H>H[1]and (upmid>0 or upmajor>0) and volpos < 4 // after minor up trend

upThrustBartrue = wideRangeBar and ClosePos==1 and upmajor>0 and H>H[1] and volpos
< 4//occurs after a major uptrend
upThrustCond1 = upThrustBar[1] and downBar and not narrowRangeBar // The Bar
after Upthrust Bar- Confirms weakness
upThrustCond2 = upThrustBar[1] and downBar and V>(volAvg*1.3) // The Bar after
Upthrust Bar- Confirms weakness
upThrustCond3 = upThrustBar and V>(volAvg*2) // Review
topRevBar = V[1]>volAvg and upBar[1] and wideRangeBar[1] and downBar and
downClose and wideRangeBar and upmajor>0 and H==highest(H,10)// Top Reversal bar
PseudoUpThrust = (upBar[1])and H>H[1] and V[1]>1.5*volAvg and downBar and
downClose and not upThrustBar
pseudoUtCond = PseudoUpThrust[1] and downBar and downClose and not upThrustBar
trendChange = upBar[1] and H==highest(H,5) and downBar and (downClose or
midClose) and V>volAvg and upmajor>0 and upmid>0 and not wideRangeBar and not
PseudoUpThrust
noDemandBarUt = upBar and narrowRangeBar and lowVolume and (aboveClose or
upClose) and ((upminor>=0 and upmid>=0) or (upminor<=0 and upminor>=0))//in a up
market
noDemandBarDt = upBar and narrowRangeBar and lowVolume and (aboveClose or
upClose) and (upminor<=0 or upmid<=0)// in a down or sidewayss market
noSupplyBar = downBar and narrowRangeBar and lowVolume and midClose

lowVolTest = low == lowest(low,5) and upClose and lowVolume

lowVolTest1 = low == lowest(low,5) and V<volAvg and L<L[1] and upClose and
upminor>0 and upmajor>0
lowVolTest2 = lowVolTest[1] and upBar and upClose

sellCond1 = (upThrustCond1 or upThrustCond2 or upThrustCond3)

sellCond2 = sellCond1[1]==0
sellCond = sellCond1 and sellCond2
strengthDown0 = upmajor<0 and volpos < 4 and downBar[1] and upBar and ClosePos>3
and upminor <0 and upmid <=0
strengthDown = volpos<4 and downBar[1] and upBar and ClosePos>3 and upmid<=00
and upminor<0 // Strength after a down trend
strengthDown1 = upmajor<0 and V>(volAvg*1.5) and downBar[1] and upBar and
ClosePos>3 and upmid<=00 and upminor<0
strengthDown2 = upmid<=0 and V[1]<volAvg and upBar and veryHighClose and
volpos<4
buyCond1 = strengthDown or strengthDown1
buyCond = upBar and buyCond1[1]
stopVolume = L==lowest(L,5) and (upClose or midClose) and V>1.5*volAvg and
upmajor<0
revUpThrust = upBar and upClose and V>V[1] and V>volAvg and wideRangeBar and
downBar[1] and downClose[1] and upminor<0
effortUp = H>H[1] and L>L[1] and C>C[1] and C>=((H-L)*0.7+L) and
spread>avgSpread and volpos < 4
effortUpfail = effortUp[1] and (upThrustBar or upThrustCond1 or upThrustCond2 or
upThrustCond3 or (downBar and AvgSpreadBar))
effortDown = H<H[1] and L<L[1] and C<C[1] and C<=((H-L)*0.25+L) and
wideRangeBar and V>V[1]
effortDownFail = effortDown[1] and ((upBar and AvgSpreadBar) or revUpThrust or
buyCond1)
upflag = (sellCond or buyCond or effortUp or effortUpfail or stopVolume or
effortDown or effortDownFail or revUpThrust or noDemandBarDt or noDemandBarUt or
noSupplyBar or lowVolTest or lowVolTest1 or lowVolTest2 or bc)
bullBar = (V>volAvg or V>V[1]) and C<=((spread*0.2)+L) and upBar and not
upflag
bearBar = vb and downClose and downBar and spread>avgSpread and not upflag
sc = wideRangeBar and belowClose and V == highest(V,60) and upmajor==
-1 // NEW SIGNAL Selling Climax

//=============================== PLOT SHAPES SECTION============================

showut = input(true, "Show Up Thrusts (UT)", tooltip="An Upthrust Bar. A sign of

weakness. High Volume adds weakness. A down bar after Upthrust adds weakness",
group="VSA Signals")
plotshape(showut ? (upThrustBar or upThrustBartrue) and not effortUpfail and not
sellCond and not bc : na, "UT1", style=shape.triangledown,
location=location.abovebar, color=color.new(#990000,0), text="UT1",
textcolor=#990000, editable=false, size=size.tiny)
UT1 = upThrustBar or upThrustBartrue
plotshape(showut ? (upThrustCond1 or upThrustCond2 or nut) and not effortUpfail and
not sellCond and not bc : na, "UT2", style=shape.triangledown,
location=location.abovebar, color=color.new(#ff0000, 0), text="UT2",
textcolor=#ff0000, editable=false, size=size.tiny)
UT2 = upThrustCond1 or upThrustCond2
UT = UT1 or UT2
//alertcondition(upThrustBar, title='Alert on UT1 an UT2 and UT', message='An
Upthrust Bar. A sign of weakness. High Volume adds weakness. A down bar after
Upthrust adds weakness')

showtrb = input(true, "Show Top Reversal Bar (TRB)", tooltip="Top Reversal. Sign of
Weakness. ", group="VSA Signals")
plotshape(showtrb ? topRevBar and not sellCond and not UT and not effortUpfail :
na, "TRB", style=shape.triangledown, location=location.abovebar,
color=color.new(#ff9900, 0), text="TRB", textcolor=#ff9900, editable=false,
size=size.tiny)
//alertcondition(topRevBar , title='Alert on TRB', message='Top Reversal. Sign of
Weakness. ')

showtch = input(true, "Show Trend Change (TC)", tooltip="High volume Downbar after
an upmove on high volume indicates weakness.", group="VSA Signals")
plotshape(showtch ? trendChange and not effortUpfail : na, "TC",
style=shape.triangledown, location=location.abovebar, color=color.new(#ff471a, 0),
text="TC", textcolor=#ff471a, editable=false, size=size.tiny)
//alertcondition(trendChange , title='Alert on TCH', message='High volume Downbar
after an upmove on high volume indicates weakness. ')

showput = input(true, "Show Pseudo Up Thrust (PST/PUC)", tooltip="Psuedo UpThrust.

A Sign of Weakness.A Down Bar closing down after a Pseudo Upthrust confirms
weakness. ", group="VSA Signals")
plotshape(showput ? PseudoUpThrust and not effortUpfail : na , "PUT",
style=shape.triangledown, location=location.abovebar, color=color.new(#ff471a, 0),
text="PUT", textcolor=#ff471a, editable=false, size=size.tiny)
plotshape(showput ? pseudoUtCond and not effortUpfail : na, "PUC",
style=shape.triangledown, location=location.abovebar, color=color.new(#ff471a, 0),
text="PUC", textcolor=#ff471a, editable=false, size=size.tiny)
//alertcondition(PseudoUpThrust or pseudoUtCond , title='Alert on PUT and PUC',
message='Psuedo UpThrust. A Sign of Weakness.A Down Bar closing down after a
Pseudo Upthrust confirms weakness. ')

shownd = input(true, "Show No Demand (ND)", tooltip="No Demand in a Uptrend. A sign

of Weakness. Otherwise upside unlikely soon ", group="VSA Signals")
plotshape(shownd ? noDemandBarUt : na, "ND", style=shape.circle,
location=location.abovebar, color=#f7e30c, text="ND", textcolor=#ff471a,
editable=false, size=size.tiny)
plotshape(shownd ? noDemandBarDt : na, "ND", style=shape.circle,
location=location.abovebar, color=#f7e30c, text="ND", textcolor=#ff471a,
editable=false, size=size.tiny)
//alertcondition(noDemandBarUt or noDemandBarDt , title='Alert on ND', message='No
Demand in a Uptrend. A sign of Weakness. Otherwise upside unlikely soon ')

showns = input(true, "Show No Supply (NS)", tooltip="No Supply. A sign of

Strength.", group="VSA Signals")
plotshape(showns ? noSupplyBar : na, "NS", style=shape.circle,
location=location.belowbar, color=color.new(color.lime, 0), text="NS",
textcolor=color.green, editable=false, size=size.tiny)
// alertcondition(noSupplyBar , title='Alert on NS', message='No Supply. A sign of
Strength. ')

showlvtst = input(true, "Show Low Volume Supply Test (LVT/ST)", tooltip="Test for
supply. An upBar closing near High after a Test confirms strength.", group="VSA
Signals")
plotshape(showlvtst ? lowVolTest and not effortDownFail : na, "LVT",
style=shape.circle, location=location.belowbar, color=color.new(color.lime, 0),
text="LVT", textcolor=color.green, editable=false, size=size.tiny)
plotshape(showlvtst ? lowVolTest2 and not effortUp : na, "ST",
style=shape.triangleup, location=location.belowbar, color=color.new(color.lime, 0),
text="ST", textcolor=color.green, editable=false, size=size.tiny)
lvt = lowVolTest or lowVolTest2
//alertcondition(lvt , title='Alert on LVT', message='Test for supply. An upBar
closing near High after a Test confirms strength. ')

EFD = effortDownFail
ST1 = strengthDown0
ST2 = strengthDown and not strengthDown2
strcond = (strengthDown2 and not strengthDown0 and not strengthDown and not
strengthDown1)? 1:0
ST3 = strengthDown1
ST4 = strengthDown2 and strcond
ST5 = strengthDown2 and not strcond
ST = ST1 or ST2 or ST3 or ST4 or ST5
showstsig = input(true, "Show Strength Signals (ST)", tooltip="Strength seen
returning after a down trend.", group="VSA Signals")
plotshape(showstsig ? strengthDown0 and not EFD and not effortUp and not stopVolume
: na, "ST1", style=shape.triangleup, location=location.belowbar,
color=color.new(color.lime, 0), text="ST1", textcolor=color.green, editable=false,
size=size.tiny)
plotshape(showstsig ? strengthDown and not strengthDown2 and not EFD and not
effortUp and not stopVolume : na, "ST2", style=shape.triangleup,
location=location.belowbar, color=color.new(color.lime, 0), text="ST1",
textcolor=color.green, editable=false, size=size.tiny)
plotshape(showstsig ? strengthDown1 and not EFD and not effortUp and not stopVolume
: na, "ST3", style=shape.triangleup, location=location.belowbar,
color=color.new(color.lime, 0), text="ST1", textcolor=color.green, editable=false,
size=size.auto)
plotshape(showstsig ? strengthDown2 and strcond and not EFD and not effortUp and
not stopVolume : na, "ST4", style=shape.triangleup, location=location.belowbar,
color=color.new(color.lime, 0), text="ST2", textcolor=color.green, editable=false,
size=size.tiny)
//alertcondition(ST , title='Alert on ST1, ST2, ST3, ST4 and ST', message='Strength
seen returning after a down trend. ')

showsv = input(true, "Show Stop Volume (SV)", tooltip="Stopping volume. Normally

indicates end of bearishness is nearing.", group="VSA Signals")
plotshape(showsv ? stopVolume and not ST : na, "SV", style=shape.circle,
location=location.belowbar, color=color.new(color.lime, 0), text="SV",
textcolor=color.green, editable=false, size=size.auto)
plotshape(showsv ? stopVolume and ST : na, "SV" , style=shape.circle,
location=location.belowbar, color=color.new(color.lime, 0), text="ST\nSV",
textcolor=color.green, editable=false, size=size.auto)
//alertcondition(stopVolume , title='Alert on SV', message='Stopping volume.
Normally indicates end of bearishness is nearing. ')

showeu = input(true, "Show Effort Up (EU)", tooltip="Effort to Move up. Bullish

Sign.", group="VSA Signals")
plotshape(showeu ? effortUp and not ST and not buyCond and not effortDownFail :
na, "EU", style=shape.triangleup, location=location.belowbar,
color=color.new(color.lime, 0), text="EU", textcolor=color.green, editable=false,
size=size.tiny)
plotshape(showeu ? effortUp and ST and not buyCond : na, "EU",
style=shape.triangleup, location=location.belowbar, color=color.new(color.lime, 0),
text="ST\nEU", textcolor=color.green, editable=false, size=size.tiny)
//alertcondition(effortUp , title='Alert on EU', message='Effort to Move up.
Bullish Sign. ')

showeuf = input(true, "Show Effort Up Fail (EUF)", tooltip="Effort to Move up

Failed. Bearish sign.", group="VSA Signals")
plotshape(showeuf ? effortUpfail and not UT : na, "EUF", style=shape.triangledown,
location=location.abovebar, color=color.new(color.red, 0), text="EUF",
textcolor=color.red, editable=false, size=size.tiny)
//alertcondition(effortUpfail , title='Alert on EUF', message='Effort to Move up
Failed. Bearish sign ')

showed = input(true, "Show Effort Down (ED)", tooltip="Effort to Move Down. Bearish
Sign.", group="VSA Signals")
plotshape(showed ? effortDown and not effortUpfail : na, "ED",
style=shape.triangledown, location=location.abovebar, color=color.new(color.red,
0), text="ED", textcolor=color.green, editable=false, size=size.tiny)
//alertcondition(effortDown , title='Alert on ED', message='Effort to Move Down.
Bearish Sign ')

showedf = input(true, "Show Effort Down Fail (EDF)", tooltip="Effort to Move Down
Failed. Bullish sign.", group="VSA Signals")
plotshape(showedf ? effortDownFail and not ST : na, "EDF", style=shape.triangleup,
location=location.belowbar, color=color.new(color.lime, 0), text="EDF",
textcolor=color.green, editable=false, size=size.tiny)
plotshape(showedf ? effortDownFail and ST : na, "EDF", style=shape.triangleup,
location=location.belowbar, color=color.new(color.lime, 0), text="ST\nEDF",
textcolor=color.green, editable=false, size=size.tiny)
//alertcondition(effortDownFail , title='Alert on EDF', message='Effort to Down
Failed. Bullish sign ')

showrut = input(true, "Show Reverse Up Thrust (RUT)", tooltip="Reverse Up Thrust -

Bullish sign.", group="VSA Signals")
plotshape(showrut ? revUpThrust and not ST : na, "RUT", style=shape.triangleup,
location=location.belowbar, color=color.new(color.lime, 0), text="RUT",
textcolor=color.green, editable=false, size=size.auto)
//alertcondition(revUpThrust , title='Alert on RUT', message='Reverse Up Thrust -
Bullish.')

showbyc = input(true, "Show Buy Condition Exist (BCE)", tooltip="Strength Returns -

Buy Condition exist.", group="VSA Signals")
plotshape(showbyc ? buyCond and not ST and not effortUp and not lvt : na, "BCE1",
style=shape.triangleup, location=location.belowbar, color=color.new(color.lime, 0),
text="BCE", textcolor=color.green, editable=false, size=size.tiny)
plotshape(showbyc ? buyCond and not ST and effortUp : na, "BCE2",
style=shape.triangleup, location=location.belowbar, color=color.new(color.lime, 0),
text="EU\nBCE", textcolor=color.green, editable=false, size=size.tiny)
//alertcondition(buyCond , title='Alert on BYC', message='Strength Returns - Buy
Condition exist.')

showsce = input(true, "Show Sell Condition Exist (SCE)", tooltip="Weakness Returns

- Sell Condition exist.", group="VSA Signals")
plotshape(showsce ? sellCond and not UT : na, "SCE", style=shape.triangledown,
location=location.abovebar, color=color.new(color.red, 0), text="SCE",
textcolor=color.red, editable=false, size=size.tiny)
plotshape(showsce ? sellCond and UT : na, "SCE", style=shape.triangledown,
location=location.abovebar, color=color.new(color.red, 0), text="UT\nSCE",
textcolor=color.red, editable=false, size=size.tiny)
//alertcondition(sellCond , title='Alert on SEC', message='Weakness Returns - Sell
Condition exist.')

showbc = input(true, "Show Buying Climax (BC)", tooltip="Buying Climax - End of

Current Up Trend.", group="VSA Signals")
plotshape(showbc ? bc and not UT : na, "BC", style=shape.triangledown,
location=location.abovebar, color=color.new(color.red, 0), text="BC",
textcolor=color.red, editable=false, size=size.tiny)
plotshape(showbc ? bc and UT : na, "BC", style=shape.triangledown,
location=location.abovebar, color=color.new(color.red, 0), text="UT\nBC",
textcolor=color.red, editable=false, size=size.tiny)
//alertcondition(bc , title='Alert on BC', message='Buying Climax - End of Current
Up Trend.')

showsc = input(true, "Show Selling Climax (SC)", tooltip="Selling Climax - End of

Current Down Trend.", group="VSA Signals")
plotshape(showsc ? sc and not ST : na, "SC", style=shape.triangleup,
location=location.belowbar, color=color.new(color.green, 0), text="SC",
textcolor=color.green, editable=false, size=size.tiny)
plotshape(showsc ? sc and ST : na, "SC", style=shape.triangleup,
location=location.belowbar, color=color.new(color.green, 0), text="ST\nSC",
textcolor=color.green, editable=false, size=size.tiny)
//alertcondition(sc , title='Alert on SC', message='Selling Climax - End of
Current Down Trend.')

showtb = input(true, "Show Two bar Reversal (TB)", tooltip="Two bar revesal -
Indicated possibility of reversal of current move. High volume adds strength",
group="VSA Signals")
plotshape(showtb ? tbc2 : na, "TB", style=shape.triangleup,
location=location.belowbar, color=color.new(color.green, 0), text="TB",
textcolor=color.red, editable=false, size=size.tiny)
plotshape(showtb ? tbc3 : na, "TB", style=shape.triangleup,
location=location.belowbar, color=#f7e30c, text="TB", textcolor=color.red,
editable=false, size=size.tiny)
plotshape(showtb ? tbc4 : na, "TB", style=shape.triangledown,
location=location.abovebar, color=color.new(color.red, 0), text="TB",
textcolor=color.green, editable=false, size=size.tiny)
plotshape(showtb ? tbc5 : na, "TB", style=shape.triangledown,
location=location.abovebar, color=#f7e30c, text="TB", textcolor=color.green,
editable=false, size=size.tiny)
//alertcondition(tbc2 or tbc3 , title='Alert on TBR', message='Two Bar Reversal to
the Upside')
//alertcondition(tbc4 or tbc5 , title='Alert on TBR', message='Two Bar Reversal to
the Downside')

showfom = input(true, "Show Ease of Movement (FOM)", tooltip="High Supply unable

to Move the Price. COul be Demand/Supply area ", group="VSA Signals")
plotshape(showtb ? fom1 : na, "", style=shape.square, location=location.belowbar,
color=#f7e30c, text="", textcolor=color.red, editable=false, size=size.tiny)

//-----------------------------Bar coloring
Code-------------------------------------------------

//Vlp=Param("Volume lookback period",150,20,300,10);

Vrg=sma(volume,30)// average volume
rg=(high-close)
arg=wma(rg,30)
Vh=volume>volume[1] and volume[1]>volume[2]
Cloc=close-low
x=(high-low)/Cloc
x1=Cloc==0?arg:x
Vb1 = volume >Vrg or volume > volume[1]
ucls=x1<2
dcls=x1>2
mcls=x1<2.2 and x1>1.8
Vlcls=x1>4
Vhcls=x1<1.35
upbar = close > close[1]
dnbar = close < close[1]
CloseUp = close > close[1]
CloseDn = close < close[1]
VolUp = volume > volume[1]
VolDn = volume < volume[1]
bb1 = upbar and CloseUp and ucls and low > low[1]
bb2 = upbar and VolUp
bb3 = dnbar and CloseDn and VolDn
bb4 = dnbar and CloseDn and close > close[1]
db1 = dnbar and CloseDn and dcls
db2 = dnbar and VolUp
db3 = upbar and CloseDn and VolUp
db4 = upbar and CloseDn and close<low[1] and dcls
db5 = upbar and CloseUp and ucls and low<low[1]
db6 = upbar and CloseUp and dcls
bb=(bb1 or bb2 or bb3 or bb4)
db=(db1 or db2 or db3 or db4 or db5 or db6)

//neucolor = bkbg == true ? color.white : color.blue

mcolor = bb and tls>0? color.green : (db and tls<0? color.red: (bkbg == true ?
color.white : color.blue))
bgcolor( bkbg == true? color.black : color.white, editable = false)
barcolor(color=mcolor)

//---------------------

log_show = input(true, title = "Show Alert window?", group =

"Alert")
log_show_msg = input(2, title = "# of message to show", group = "Alert")
log_offset = input(0, title = "# of messages to offset", group = "Alert",
step = 1)

// LOGGING FUNCTION ///

var bar_arr = array.new_int(0)

var time_arr = array.new_string(0)
var msg_arr = array.new_string(0)
var type_arr = array.new_string(0)

log_msg(message, type) =>

//array.push(bar_arr, bar_index)
array.push(time_arr, tostring(month) + "-" + tostring(dayofmonth) + " , " +
tostring(hour) + ":" + tostring(minute) )
array.push(msg_arr, message)
array.push(type_arr, type)
// Messages //

if (upThrustBar)
log_msg("UpThrust Bar - A Sure sign of weakness", 'weakness')

if (upThrustBar and not upThrustBartrue)

log_msg("UpThrust Bar - A sign of weakness " , 'weakness')

if (upThrustCond1)
log_msg("A downbar after an Upthrust. Confirm weakness." , 'weakness')

if (upThrustCond2 and not upThrustCond1)

log_msg("A High Volume downbar after an Upthrust. Confirm weakness." ,
'weakness')

if (upThrustCond3)
log_msg("This upthrust at very High Voume, Confirms weakness" , 'weakness')
if (PseudoUpThrust)
log_msg("Psuedo UpThrust. A Sign of Weakness." , 'weakness')
if (pseudoUtCond)
log_msg("A Down Bar closing down after a Pseudo Upthrust confirms weakness." ,
'weakness')
if (trendChange)
log_msg("High volume Downbar after an upmove on high volume indicates
weakness." , 'weakness')
if (sellCond)
log_msg("Possible end of Uptrend and start of Downtrend soon." , 'weakness')
if (effortUpfail)
log_msg("Effort to Move up has failed. Bearish sign." , 'weakness')
if (bearBar)
log_msg("Day's Move Indicates weakness." , 'weakness')
if (bc)
log_msg("Potential Buying climax." , 'weakness')
if (effortDown)
log_msg("Effort to Fall. Bearish sign. " , 'weakness')
if (tbc4)
log_msg("Two Bar Reversal on Higher volume " , 'weakness')
if (noSupplyBar)
log_msg("No Supply. A sign of Strength. " , 'weakness')
if (lowVolTest)
log_msg("Test for supply. " , 'strength')
if (lowVolTest2)
log_msg("An upBar closing near High after a Test confirms strength." ,
'strength')
if (lowVolTest1)
log_msg("Test for supply in a uptrend. Sign of Strength." , 'strength')
if (strengthDown1)
log_msg("Strength seen returning after a down trend. High volume adds to
strength.." , 'strength')
if (strengthDown0 and not strengthDown)
log_msg("Strength seen returning after a down trend." , 'strength')
if (strengthDown and not strengthDown1)
log_msg("Strength seen returning after a down trend." , 'strength')
if (buyCond)
log_msg("Possible end of downtrend and start of uptrend soon.." , 'strength')
if (effortDownFail)
log_msg("Effort to Move Down has failed. Bulish sign. " , 'strength')
if (strengthDown2)
log_msg("High volume upBar closing on the high indicates strength. " ,
'strength')
if (stopVolume)
log_msg("Stopping volume. Normally indicates end of bearishness is nearing." ,
'strength')
if (revUpThrust)
log_msg("Reverse upthrust. Indicates strength" , 'strength')
if (bullBar )
log_msg("Day's Move Indicates strength. " , 'strength')
if (tbc2 )
log_msg("Two Bar Reversal on Higher volume. " , 'strength')
if (tbc2a )
log_msg("Two Bar like Reversal to upside on high volume. " , 'strength')
if (sc )
log_msg(" Possible Selling Climax " , 'strength')
if (topRevBar )
log_msg("Top Reversal. Sign of Weakness. " , 'warning')
if (noDemandBarDt )
log_msg("No Demand. upside unlikely soon. " , 'warning')
if (noDemandBarUt )
log_msg("No Demand in a Uptrend. A sign of Weakness. " , 'warning')
if (fom1 )
log_msg("High Volume unable to move the price. Could be a Supply / Demand Area
" , 'warning')
if (tbc2 )
log_msg("Two Bar Reversal to upside on High volume. " , 'warning')
if (tbc3 )
log_msg("Two Bar Reversal to upside on Low volume. " , 'warning')
if (tbc4 )
log_msg("Two Bar Reversal to upside on High volume. " , 'warning')
if (tbc5 )
log_msg("Two Bar Reversal to upside on Low volume. " , 'warning')

///////////////////////////////
// Create and fill log table //

var log_tbl = table.new(position.bottom_left, 3, log_show_msg + 1, frame_color =

color.black, frame_width = 1,border_color=color.black,border_width = 1)

if (barstate.islast and log_show)

//table.cell(log_tbl, 0, 0, "Bar #", bgcolor = color.gray, text_size =

size.small)
table.cell(log_tbl, 1, 0, "TIME", bgcolor = #9894f7, text_size = size.small)
table.cell(log_tbl, 2, 0, "ALERT", bgcolor = #9894f7, text_size = size.small)

for i = 1 to log_show_msg
arr_i = array.size(msg_arr) - log_show_msg + i - 1 - log_offset

if (arr_i < 0)
break

type = array.get(type_arr, arr_i)

msg_color = type == 'strength' ? #c2fc03 :

type == 'weakness' ? #fa5050 :
 type == 'warning' ? #f4fc79 : na

//table.cell(log_tbl, 0, i, tostring(array.get(bar_arr, arr_i)), bgcolor =

msg_color, text_size = size.small)
table.cell(log_tbl, 1, i, array.get(time_arr, arr_i), bgcolor =
msg_color, text_size = size.small)
table.cell(log_tbl, 2, i, array.get(msg_arr, arr_i), bgcolor =
msg_color, text_size = size.small)

//=============================== Bar and Satus Indication

==================================================
spr = (H-L)
avspr = sma(spread,40)
sprst = spr < (avspr*0.6) ? 1 : spr < (avspr*0.9) and spr >(avspr*0.6) ? 2 : spr >
(avspr*0.9) and spr < (avspr*1.1) ? 3 : spr > (avspr*1.1) and spr < (avspr*1.5) ?
4 : spr > (avspr*1.5) and spr < (avspr*2) ? 5 : 6

var testTable = table.new(position = position.top_right, columns = 3, rows =

2,frame_color = color.black, frame_width = 1, bgcolor = color.white,
border_color=color.black,border_width = 1)
if barstate.islast

table.cell(table_id = testTable, column = 0, row = 0, text = ClosePos ==1 ?

"Close : Down Close ": ClosePos == 2 ? "Close : Below Close " : ClosePos == 3 ?
"Close : Mid Close " :
ClosePos == 4 ? "Close : Above Close ": "Close : UP Close ", text_size =
size.small, bgcolor = #f4fc79 )

table.cell(table_id = testTable, column = 1, row = 0, text = volpos ==1 ?

"Volume : Very High ": volpos == 2 ? "Volume : High " : volpos == 3 ?
"Volume : Above Average " :
volpos == 4 ? "Volume : Less Than Avg ": "Volume : Low Volume ", text_size =
size.small, bgcolor = #f4fc79 )

table.cell(table_id = testTable, column = 2, row = 0, text = sprst == 1 ?

"Spread : Narrow ": sprst == 2 ? "Spread : Below Average" : sprst == 3 ? "Spread :
Average " :
sprst == 4 ? "Spread : Above Average ": sprst ==5 ? "Spread = Wide" : "SPread
: Very Wide", text_size = size.small, bgcolor = #f4fc79 )

table.cell(table_id = testTable, column = 0, row = 1, text = upmajor ==1 ?

"Major Trend - UP ": upmajor == -1 ? "Major Trend - DOWN " : "Major Trend - No
Trend" ,
text_size = size.small , bgcolor = upmajor ==1 ? #c2fc03 : upmajor == -1 ?
#fa5050 : #f4fc79 )

table.cell(table_id = testTable, column = 1, row = 1, text = upmid ==1 ? "Minor

Trend - UP ": upmid == -1 ? "Minor Trend - DOWN " : "Minor Tend - No Trend" ,
text_size = size.small , bgcolor = upmid ==1 ? #c2fc03 : upmid == -1 ?
#fa5050 : #f4fc79 )

table.cell(table_id = testTable, column = 2, row = 1, text = upminor ==1 ?

"Immed. Trend - UP ": upminor == -1 ? "Immed. Trend - DOWN " : "Immed. Tend - No
Trend" ,
text_size = size.small , bgcolor = upminor ==1 ? #c2fc03 : upminor == -1 ?
#fa5050 : #f4fc79 )
//---------------------------------------------End of Table
--------------------------------------
//=========================================Strength
Band===================================================================
RPeriod = 14
Lb = 30
mySig = rsi(close,14)
Adev = stdev(mySig, 3*RPeriod)
jh = highest(mySig,Lb)
jl = lowest(mySig,Lb)
jx = jh-jl
jy = (wma(jx,RPeriod)*0.60)+wma(jl,RPeriod)
Hiline = jh-jy*0.2
Loline = jl+jy*0.2
midline = (jh-jl)/2
R = ( 4 * mySig + 3 * mySig[1] + 2 * mySig[2] + mySig[3] ) / 10
stcolour = R>Hiline ? color.lime : R<Loline ? color.orange : color.blue
plotshape(strband, "Strength band", color=stcolour, style=shape.square,
location=location.bottom, size = size.small, text="")

//============================================================

//
===================================================================================
=|
// Support & Resistance volume Lines
|
//
===================================================================================
=|
showrs = input(false, "Show support and resistance lines", group="Support &
Resistance lines")
sens = input(10, "Sensitivity", minval=2, maxval=15, group="Support & Resistance
lines")
ph = pivothigh(high, sens, 0)
pl = pivotlow(low, sens, 0)

var float phl = na

var float pll = na
phl := nz(ph) != 0 ? ph : phl[1]
pll := nz(pl) != 0 ? pl : pll[1]
plot(showrs ? phl : na, "Period High", color=color.blue, style=plot.style_cross)
plot(showrs ? pll : na, "Period Low", color=color.red, style=plot.style_cross)

showhighvol = input(false, "Show high volume lines", group="Support & Resistance

lines")
volpd = input(14, "Vol Length", group="Support & Resistance lines")
volm = input(1.618,"Vol Factor",type=input.float,step=0.1, group="Support &
Resistance lines")
minvol = input(1,"Minimum volume", group="Support & Resistance lines")
avol = sma(volume, volpd)
hvol = volume > minvol and volume > volm * avol
var float hp = na
var float lp = na
var float mp = na
hhv = highest(high,2)
llv = lowest(low,2)
hp := hvol ? hhv : hp[1]
lp := hvol ? llv : lp[1]
plot(not showhighvol ? na : hp, "HV - High", color=color.olive,
style=plot.style_circles, linewidth=2)
plot(not showhighvol ? na : lp, "HV - Low", color=color.maroon,
style=plot.style_circles, linewidth=2)

//
===================================================================================
=|
// End of Support & Resistance volume Lines
|
//
===================================================================================
=|