Vectorcandles — Indicators and Strategies

PVSRA Volume Suite with Volume Delta PVSRA Volume Suite with Volume Delta 🔹 Overview This indicator is a Volume Suite that enhances PVSRA (Price, Volume, Support, Resistance Analysis) by incorporating Volume Delta and AI-driven predictive alerts. It is designed to help traders analyze volume pressure, market trends, and price movements with color-coded visualizations. 📌 Key Features PVSRA Volume Color Coding – Highlights vector candles based on extreme volume/spread conditions. Volume Delta Analysis – Tracks buying/selling pressure using up/down volume data. AI-Powered Predictive Alerts – Identifies potential trend shifts based on volume and trend context. Volatility-Adjusted Thresholds – Dynamically adapts volume conditions based on ATR (Average True Range). Customizable MA & Symbol Overrides – Allows traders to tweak settings for personalized market insights. Debug & Diagnostic Labels – Shows statistical z-scores, thresholds, and volume dynamics. How It Works PVSRA Color Coding – The script classifies candles into four categories based on volume and spread analysis: 🔴 Red Vector → Extreme bearish volume/spread 🟢 Green Vector → Extreme bullish volume/spread 🟣 Violet Vector → Above-average bearish volume 🔵 Blue Vector → Above-average bullish volume Volume Delta Calculation – Uses lower timeframe volume analysis to estimate up/down volume differentials. Trend & Predictive Alerts – Combines EMA crossovers with statistical volume analysis to detect potential trend shifts. Volatility Adaptation – Adjusts volume thresholds based on ATR, making signals more reliable in changing market conditions. Custom Symbol Override – Fetches PVSRA data from a different instrument, useful for index-based volume analysis. Customizable Inputs PVSRA Color Settings – Modify candle color schemes for better visual clarity. Volume Delta Colors – Customize delta volume body, wick, and border colors. AI Settings – Tune z-score thresholds, lookback periods, and enable predictive alerts. Symbol Overrides – Analyze volume from a different market or asset. Moving Average (MA) Settings – Display a volume-based moving average for trend confirmation. Important Notes Works best on intraday timeframes where volume data is reliable. Lower timeframe volume delta estimates might not be precise for all assets. No guarantees of accuracy – Use alongside other confluence tools for decision-making. Credits & Open-Source Notice This script is based on PVSRA methodologies and integrates Volume Delta analysis. Special thanks to Traders Reality and TradingView for their contributions to volume-based analysis.

True Volume This indicator is designed to provide in-depth analysis of volume data from multiple sources and distinguish highly liquid candles by measuring the density of the volume. By focusing on the density and concentration of volume, rather than just the volume itself, it offers a more nuanced view of the market. This can be particularly beneficial in markets like cryptocurrencies, where understanding the role of market makers versus retail traders is crucial for strategic trading. This is how it works: Multiple Asset Integration: Unlike standard volume indicators, True Volume allows the inclusion of up to four different assets (or the same asset from various exchanges) into its volume calculations. This feature provides a broader and more accurate total volume representation, essential in markets like cryptocurrencies where volume is dispersed across multiple exchanges. Adjustable Time Anchors: It offers various time anchor options, allowing traders to analyze volume data over different time periods or a specific amount of lookback candles. This flexibility helps in understanding volume trends over both short and long-term time frames. Volume Density Analysis: The core of this indicator is the innovative concept of Volume Density. It's calculated using a sigmoid function that normalizes the volume-to-price movement ratio in a unique way without needing a max cap or having the density column spike off the chart. This method helps in distinguishing between normal volume fluctuations and those that are unusually dense for the given price movement. This distinction is key in identifying potential market maker activities. The Visuals: The Volume Density is displayed in a unique way without compromising the original volume bars or cap the density. Infinite density can essentially be represented without having an infinitely large bar or caping out the density data. There's also two different color themes, optional bar color, and an option to flip the density bars up-side down for a different representation. Each of the original volume sources can be displayed separately as well. All colors as customizable as well for your own preference. Price Volume Trend (PVT): Included in this indicator is also the Price Volume Trend, which cumulatively measures the density delta, offering insights into the longer-term momentum of the market. How do I trade it? This indicator aims to give you insight into 'the other side of the trade', the Market Makers. When you buy, they provide liquidity by selling to you. That drives the Volume Density up. Consider whether the market maker is currently long or short and might need to cover their position by wicking price back, or "adjust inventory". Especially towards the end of a market session. Consider dense candles during market gaps or weekends to be market manipulation moves. The density also goes up when stop losses are hit. If price makes a higher high or lower low, high density could indicate a liquidation event.

Traders Reality Vector Candle Zones Vector Candle Zone indicator displays areas of unrecovered liquidity based on PVSRA with override option for the chart symbol. Developed for TradersReality by infernixx with library conversion by peshocore

Traders Reality Main This indicator serves as the Tradingview equivalent of an MT4 indicator suite. It differentiates from existing TV indicators in its style and total feature set (most notably PVSRA and PVSRA Override) It was originally designed for forex markets, and it will work for crypto as well, but it has not been tested on stocks. List of features: PVSRA Candles Market boxes (NY/JP/ HK /UK/ FR and Brinks Boxes) 5/13/50/200/800 EMAs (cloud for 50EMA) Pivot points (S/M/R 1,2,3; PP ) Yesterday and Last Week price range Average Daily Range (Weekly and Monthly as well) Daily Open PVSRA Override Psychological High/Low Vector Candle Zones All of these are configurable in the indicator settings. Usage instructions: PVSRA Candle colors meaning: Green (bull) and red (bear): Candles with volume >= 200% of the average volume of the 10 previous chart candles, and candles where the product of candle spread x candle volume is >= the highest for the 10 previous chart time candles. Blue (bull) and blue-violet (bear): Candles with volume >= 150% of the average volume of the 10 previous chart candles PVSRA Override In order to get reliable bar coloring, we need accurate data. If you're on a chart with low volume on some obscure exchange, you may want to use another exchanges datafeed for the symbol you are on to calculate the PVSRA bar colors with. This lets you do exactly that. By default it's off, but you can turn it on and use INDEX:BTCUSD, or really any other chart you want. You can combine charts too, e.g. use BINANCE:BTCUSDT+COINBASE:BTCUSD. PVSRA Alerts Alerts can be made for PVSRA "vector"/"climax" candles: 1. Create Alert (Clock with + sign) 2. Set Condition: "Traders Reality", 3. Select "Alert on Vector Candle", 4. Set it to Once per Bar, 5. choose your notification options. Market boxes The market boxes times are configurable and will change depending on the exchange timezone. I recommend to pick your main exchange/chart and adjust the times so that they are correct. Technically you will need to shift the time from the exchanges' timezone to GMT . Default values should be good for UTC based exchanges in current US+UK summer time. Psychological High/Low Configurable for Crypto or Forex - draws the perceived Psychological High/Low ranges for the week. Can display historical values too. Vector Candle Zones displays unrecovered liquidity left behind on unrecovered vectors. Configurable to take into account candle bodies or candles and wicks. Recommended additional Tradingview indicator(s): - TDI - Goldminds, Edited for Market Makers Method by Jakub Donovan Footnotes The code was originally by plasmapug, continued development (with permission) is now done by infernix and peshocore and xtech5192 in collaboration with TradersReality. If you have suggestions or questions, you can message me or leave a comment.

Traders_Reality_Lib Library "Traders_Reality_Lib" This library contains common elements used in Traders Reality scripts calcPvsra(pvsraVolume, pvsraHigh, pvsraLow, pvsraClose, pvsraOpen, redVectorColor, greenVectorColor, violetVectorColor, blueVectorColor, darkGreyCandleColor, lightGrayCandleColor) calculate the pvsra candle color and return the color as well as an alert if a vector candle has apperared. Situation "Climax" Bars with volume >= 200% of the average volume of the 10 previous chart TFs, or bars where the product of candle spread x candle volume is >= the highest for the 10 previous chart time TFs. Default Colors: Bull bars are green and bear bars are red. Situation "Volume Rising Above Average" Bars with volume >= 150% of the average volume of the 10 previous chart TFs. Default Colors: Bull bars are blue and bear are violet. Parameters: pvsraVolume : the instrument volume series (obtained from request.sequrity) pvsraHigh : the instrument high series (obtained from request.sequrity) pvsraLow : the instrument low series (obtained from request.sequrity) pvsraClose : the instrument close series (obtained from request.sequrity) pvsraOpen : the instrument open series (obtained from request.sequrity) redVectorColor : red vector candle color greenVectorColor : green vector candle color violetVectorColor : violet/pink vector candle color blueVectorColor : blue vector candle color darkGreyCandleColor : regular volume candle down candle color - not a vector lightGrayCandleColor : regular volume candle up candle color - not a vector @return adr(length, barsBack) Parameters: length : how many elements of the series to calculate on barsBack : starting possition for the length calculation - current bar or some other value eg last bar @return adr the adr for the specified lenght adrHigh(adr, fromDo) Calculate the ADR high given an ADR Parameters: adr : the adr fromDo : boolean flag, if false calculate traditional adr from high low of today, if true calcualte from exchange midnight @return adrHigh the position of the adr high in price adrLow(adr, fromDo) Parameters: adr : the adr fromDo : boolean flag, if false calculate traditional adr from high low of today, if true calcualte from exchange midnight @return adrLow the position of the adr low in price splitSessionString(sessXTime) given a session in the format 0000-0100:23456 split out the hours and minutes Parameters: sessXTime : the session time string usually in the format 0000-0100:23456 @return calcSessionStartEnd(sessXTime, gmt) calculate the start and end timestamps of the session Parameters: sessXTime : the session time string usually in the format 0000-0100:23456 gmt : the gmt offset string usually in the format GMT+1 or GMT+2 etc @return drawOpenRange(sessXTime, sessXcol, showOrX, gmt) draw open range for a session Parameters: sessXTime : session string in the format 0000-0100:23456 sessXcol : the color to be used for the opening range box shading showOrX : boolean flag to toggle displaying the opening range gmt : the gmt offset string usually in the format GMT+1 or GMT+2 etc @return void drawSessionHiLo(sessXTime, show_rectangleX, show_labelX, sessXcolLabel, sessXLabel, gmt, sessionLineStyle) Parameters: sessXTime : session string in the format 0000-0100:23456 show_rectangleX : show the session high and low lines show_labelX : show the session label sessXcolLabel : the color to be used for the hi/low lines and label sessXLabel : the session label text gmt : the gmt offset string usually in the format GMT+1 or GMT+2 etc sessionLineStyle : the line stile for the session high low lines @return void calcDst() calculate market session dst on/off flags @return indicating if DST is on or off for a particular region timestampPreviousDayOfWeek(previousDayOfWeek, hourOfDay, gmtOffset, oneWeekMillis) Timestamp any of the 6 previous days in the week (such as last Wednesday at 21 hours GMT) Parameters: previousDayOfWeek : Monday or Satruday hourOfDay : the hour of the day when psy calc is to start gmtOffset : the gmt offset string usually in the format GMT+1 or GMT+2 etc oneWeekMillis : the amount if time for a week in milliseconds @return the timestamp of the psy level calculation start time getdayOpen() get the daily open - basically exchange midnight @return the daily open value which is float price newBar(res) new_bar: check if we're on a new bar within the session in a given resolution Parameters: res : the desired resolution @return true/false is a new bar for the session has started toPips(val) to_pips Convert value to pips Parameters: val : the value to convert to pips @return the value in pips rLabel(ry, rtext, rstyle, rcolor, valid, labelXOffset) a function that draws a right aligned lable for a series during the current bar Parameters: ry : series float the y coordinate of the lable rtext : the text of the label rstyle : the style for the lable rcolor : the color for the label valid : a boolean flag that allows for turning on or off a lable labelXOffset : how much to offset the label from the current position rLabelOffset(ry, rtext, rstyle, rcolor, valid, labelXOffset) a function that draws a right aligned lable for a series during the current bar Parameters: ry : series float the y coordinate of the lable rtext : the text of the label rstyle : the style for the lable rcolor : the color for the label valid : a boolean flag that allows for turning on or off a lable labelXOffset : how much to offset the label from the current position rLabelLastBar(ry, rtext, rstyle, rcolor, valid, labelXOffset) a function that draws a right aligned lable for a series only on the last bar Parameters: ry : series float the y coordinate of the lable rtext : the text of the label rstyle : the style for the lable rcolor : the color for the label valid : a boolean flag that allows for turning on or off a lable labelXOffset : how much to offset the label from the current position drawLine(xSeries, res, tag, xColor, xStyle, xWidth, xExtend, isLabelValid, labelXOffset, validTimeFrame) a function that draws a line and a label for a series Parameters: xSeries : series float the y coordinate of the line/label res : the desired resolution controlling when a new line will start tag : the text for the lable xColor : the color for the label xStyle : the style for the line xWidth : the width of the line xExtend : extend the line isLabelValid : a boolean flag that allows for turning on or off a label labelXOffset : how much to offset the label from the current position validTimeFrame : a boolean flag that allows for turning on or off a line drawn drawLineDO(xSeries, res, tag, xColor, xStyle, xWidth, xExtend, isLabelValid, labelXOffset, validTimeFrame) a function that draws a line and a label for the daily open series Parameters: xSeries : series float the y coordinate of the line/label res : the desired resolution controlling when a new line will start tag : the text for the lable xColor : the color for the label xStyle : the style for the line xWidth : the width of the line xExtend : extend the line isLabelValid : a boolean flag that allows for turning on or off a label labelXOffset : how much to offset the label from the current position validTimeFrame : a boolean flag that allows for turning on or off a line drawn drawPivot(pivotLevel, res, tag, pivotColor, pivotLabelColor, pivotStyle, pivotWidth, pivotExtend, isLabelValid, validTimeFrame, levelStart, pivotLabelXOffset) draw a pivot line - the line starts one day into the past Parameters: pivotLevel : series of the pivot point res : the desired resolution tag : the text to appear pivotColor : the color of the line pivotLabelColor : the color of the label pivotStyle : the line style pivotWidth : the line width pivotExtend : extend the line isLabelValid : boolean param allows to turn label on and off validTimeFrame : only draw the line and label at a valid timeframe levelStart : basically when to start drawing the levels pivotLabelXOffset : how much to offset the label from its current postion @return the pivot line series getPvsraFlagByColor(pvsraColor, redVectorColor, greenVectorColor, violetVectorColor, blueVectorColor, lightGrayCandleColor) convert the pvsra color to an internal code Parameters: pvsraColor : the calculated pvsra color redVectorColor : the user defined red vector color greenVectorColor : the user defined green vector color violetVectorColor : the user defined violet vector color blueVectorColor : the user defined blue vector color lightGrayCandleColor : the user defined regular up candle color @return pvsra internal code updateZones(pvsra, direction, boxArr, maxlevels, pvsraHigh, pvsraLow, pvsraOpen, pvsraClose, transperancy, zoneupdatetype, zonecolor, zonetype, borderwidth, coloroverride, redVectorColor, greenVectorColor, violetVectorColor, blueVectorColor, lightGrayCandleColor) a function that draws the unrecovered vector candle zones Parameters: pvsra : internal code direction : above or below the current pa boxArr : the array containing the boxes that need to be updated maxlevels : the maximum number of boxes to draw pvsraHigh : the pvsra high value series pvsraLow : the pvsra low value series pvsraOpen : the pvsra open value series pvsraClose : the pvsra close value series transperancy : the transparencfy of the vecor candle zones zoneupdatetype : the zone update type zonecolor : the zone color if overriden zonetype : the zone type borderwidth : the width of the border coloroverride : if the color overriden redVectorColor : the user defined red vector color greenVectorColor : the user defined green vector color violetVectorColor : the user defined violet vector color blueVectorColor : the user defined blue vector color lightGrayCandleColor : the user defined regular up candle color cleanarr(arr) clean an array from na values Parameters: arr : the array to clean @return if the array was cleaned calcPsyLevels(oneWeekMillis, showPsylevels, psyType, sydDST) calculate the psy levels 4 hour res based on how mt4 does it mt4 code int Li_4 = iBarShift(NULL, PERIOD_H4, iTime(NULL, PERIOD_W1, Li_0)) - 2 - Offset; ObjectCreate("PsychHi", OBJ_TREND, 0, Time , iHigh(NULL, PERIOD_H4, iHighest(NULL, PERIOD_H4, MODE_HIGH, 2, Li_4)), iTime(NULL, PERIOD_W1, 0), iHigh(NULL, PERIOD_H4, iHighest(NULL, PERIOD_H4, MODE_HIGH, 2, Li_4))); so basically because the session is 8 hours and we are looking at a 4 hour resolution we only need to take the highest high an lowest low of 2 bars we use the gmt offset to adjust the 0000-0800 session to Sydney open which is at 2100 during dst and at 2200 otherwize. (dst - spring foward, fall back) keep in mind sydney is in the souther hemisphere so dst is oposite of when london and new york go into dst Parameters: oneWeekMillis : a constant value showPsylevels : should psy levels be calculated psyType : the type of Psylevels - crypto or forex sydDST : is Sydney in DST @return