[Attachment(s) from meanomalist@yahoo.com [amibroker] included below]
Please look at the screenshot.
It's a Volume at Price Price Horizontal Lines. Amibroker already has VAP but it does show the breakup of buy volume (Sum of Volume with close at upper half) and sell volume (Sum of Volume with close at lower half ).
Benefits:
1) A higher proportion of Green against Red, in a rising prices means it's retail accumulating. While during downturn its other way round.
2) If you see the same VAP for consolidation period , the it will be close to 50%-50%. That means smart money is accumulating from Retail or distributing.
3) Also it shows validation or anomaly of price with respect to Volumes.
Anyone already has this or can Code this please???
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This group is for the discussion between users only.
This is *NOT* technical support channel.
TO GET TECHNICAL SUPPORT send an e-mail directly to
SUPPORT {at} amibroker.com
TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at
http://www.amibroker.com/feedback/
(submissions sent via other channels won't be considered)
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
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