This is a supporting Indicator for the Volume Price Analysis Script VPA 5.0. Purpose To indicate the performance of the stock compared to an Index or any other selected stock. It also provides an idea about the strength of the Reference Index as well. Description The indicator is an unbound oscillator moving around a zero line. If the stock is strong then...
This is a upgraded version of the vpa analysis script which basically implements Volume Spread Analysis (aka Volume Price analysis). It has been rechristened as VPA 5.0 to be inline with version released for Amiboker package so that all future upgrades will go hand in hand. All most all featured of the Amibroker version has been incorporated in this version....
This a Volume Indicator to be used with the VPA Analysis Indicator system
The Price Wave Indicator is very good add-on to the Volume wave which is an important tool in the Wyckoffian Analysis of the stocks. Along with the Volume wave it helps to understand the effort and result ratios and the consequent effect on the stocks. It has to be used in conjunction with the Volume wave and not useful on a standalone basis