Published On May 16, 2023
Indicator inspired from Volume Spread Analysis. This indicator models the relationship between the candle range and volume with a linear regression. Then it predicts the current candle's range with the current volume. If the actual range is higher than expected the indicator will output a positive value. If the actual range is lower than expected the indicator will output a negative value. Extreme values output by this indicator mark points of interest where trade entries/exits could be considered.
Patreon: / neurotrader
Code: https://github.com/neurotrader888/VSA...
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