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Crypto Schlingel - PVSRA POC EMA Suite v5.759

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PVSRA POC EMA suite

📌 Main functions

This indicator is an all in one indicator suite that includes

- PVSRA (price, volume, support, resistance analysis)
- POC
- Visualization of bullish and bearish volume in Wicks
- EMAs and Daily EMAs (alternatively also SMA or WMA)

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The following information can also be displayed
- Daily Open
- Market open
- Yesterday High and Low
- Last Weekly High and Low
- Bollinger Bands
- VWAP
- Kaufman's Adaptive Moving Average (KAMA)
- ADR
- Psy High and Low
- Pivot Points
- Overlong Wicks
- Representation Death and Golden Cross
- Pivot Point Ranges

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Designed to help traders analyze volume pressures, market trends and price movements with color-coded visualizations.


PVSRA Volume Color Coding - Highlights vector candles based on extreme volume/spread conditions.
Volume Delta Analysis - Tracks buy/sell pressure based on up/down volume data.

The PVSRA color coding - The script classifies candles into four categories based on volume and spread analysis:

🔴 Red vector → Extremely bearish volume/spread
🟢 Green vector → Extremely bullish volume/spread
🟣 Violet vector → Above average bearish volume
🔵 Blue vector → Above average bullish volume

Calculation of the volume delta - Uses a volume analysis in a lower time frame, splitting the candles to get an accurate position of the volume.

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Important notes:

Works best on intraday timeframes where volume data is reliable.
Volume delta estimates for lower time frames may not be accurate for all assets.
No guarantee of accuracy



Feragatname

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