Volume bar range

7月2日

# Volume Bar Range (VBR) Indicator

## Overview
The Volume Bar Range indicator identifies key support and resistance levels based on high-volume price bars. It creates a visual range that represents significant price levels where the market has shown strong interest through volume confirmation.

## Features

### Visual Range Display
- **Blue/Aqua Area**: Shows the price range of the highest volume bar within the lookback period
- **Dynamic Color**: The fill color changes to indicate whether the range is stable (aqua) or newly updated (white)
- **Boundary Lines**: Invisible white lines mark the upper and lower boundaries of the range

### Trading Signals
- **BUY Signal**: Blue upward arrow appears when price breaks above the resistance level with volume confirmation
- **SELL Signal**: Black downward arrow appears when price breaks below the support level with volume confirmation

## How to Use

### Setup
1. Apply the indicator to any chart
2. The indicator automatically identifies the highest volume bar in the last 55 periods
3. The price range of this high-volume bar becomes your support/resistance zone

### Trading Strategy
- **Range Trading**: Trade within the identified support/resistance range
- **Breakout Trading**: Enter positions when price breaks above resistance (BUY) or below support (SELL)
- **Volume Confirmation**: Only take signals when current volume exceeds the 21-period average

### Signal Interpretation
- **BUY Signal**: Price closes above the resistance level with above-average volume
- **SELL Signal**: Price closes below the support level with above-average volume
- **No Signal**: Price remains within the range or volume is insufficient

## Key Parameters
- **Lookback Period**: 55 bars (automatically identifies the highest volume bar)
- **Volume MA**: 21-period simple moving average for volume confirmation
- **Signal Size**: Tiny markers to avoid chart clutter

## Best Practices
- Use on multiple timeframes for confirmation
- Combine with other technical indicators for stronger signals
- Pay attention to the color changes in the range area
- Consider market context and overall trend direction

## Ideal Markets
- Works well on liquid markets with consistent volume patterns
- Effective on stocks, forex, and crypto markets
- Best suited for swing trading and medium-term analysis

This indicator is particularly useful for traders who rely on volume analysis and want to identify key price levels where the market has shown significant interest.

7月3日

版本注释

# Volume Bar Range (VBR) Indicator

## Overview
The Volume Bar Range indicator identifies key support and resistance levels based on high-volume price bars. It creates a visual range that represents significant price levels where the market has shown strong interest through volume confirmation.

## Features

### Visual Range Display
- **Blue/Aqua Area**: Shows the price range of the highest volume bar within the lookback period
- **Dynamic Color**: The fill color changes to indicate whether the range is stable (aqua) or newly updated (white)
- **Boundary Lines**: Invisible white lines mark the upper and lower boundaries of the range

### Trading Signals
- **BUY Signal**: Blue upward arrow appears when price breaks above the resistance level with volume confirmation
- **SELL Signal**: Black downward arrow appears when price breaks below the support level with volume confirmation

## How to Use

### Setup
1. Apply the indicator to any chart
2. The indicator automatically identifies the highest volume bar in the last 55 periods
3. The price range of this high-volume bar becomes your support/resistance zone

### Trading Strategy
- **Range Trading**: Trade within the identified support/resistance range
- **Breakout Trading**: Enter positions when price breaks above resistance (BUY) or below support (SELL)
- **Volume Confirmation**: Only take signals when current volume exceeds the 21-period average

### Signal Interpretation
- **BUY Signal**: Price closes above the resistance level with above-average volume
- **SELL Signal**: Price closes below the support level with above-average volume
- **No Signal**: Price remains within the range or volume is insufficient

## Key Parameters
- **Lookback Period**: 55 bars (automatically identifies the highest volume bar)
- **Volume MA**: 21-period simple moving average for volume confirmation
- **Signal Size**: Tiny markers to avoid chart clutter

## Best Practices
- Use on multiple timeframes for confirmation
- Combine with other technical indicators for stronger signals
- Pay attention to the color changes in the range area
- Consider market context and overall trend direction

## Ideal Markets
- Works well on liquid markets with consistent volume patterns
- Effective on stocks, forex, and crypto markets
- Best suited for swing trading and medium-term analysis

This indicator is particularly useful for traders who rely on volume analysis and want to identify key price levels where the market has shown significant interest.

7月5日

版本注释

update 2015-07-5:
add two reversal signal, can close by input option

# Volume Bar Range (VBR) Indicator

## Overview
The Volume Bar Range indicator identifies key support and resistance levels based on high-volume price bars. It creates a visual range that represents significant price levels where the market has shown strong interest through volume confirmation.

## Features

### Visual Range Display
- **Blue/Aqua Area**: Shows the price range of the highest volume bar within the lookback period
- **Dynamic Color**: The fill color changes to indicate whether the range is stable (aqua) or newly updated (white)
- **Boundary Lines**: Invisible white lines mark the upper and lower boundaries of the range

### Trading Signals
- **BUY Signal**: Blue upward arrow appears when price breaks above the resistance level with volume confirmation
- **SELL Signal**: Black downward arrow appears when price breaks below the support level with volume confirmation

## How to Use

### Setup
1. Apply the indicator to any chart
2. The indicator automatically identifies the highest volume bar in the last 55 periods
3. The price range of this high-volume bar becomes your support/resistance zone

### Trading Strategy
- **Range Trading**: Trade within the identified support/resistance range
- **Breakout Trading**: Enter positions when price breaks above resistance (BUY) or below support (SELL)
- **Volume Confirmation**: Only take signals when current volume exceeds the 21-period average

### Signal Interpretation
- **BUY Signal**: Price closes above the resistance level with above-average volume
- **SELL Signal**: Price closes below the support level with above-average volume
- **No Signal**: Price remains within the range or volume is insufficient

## Key Parameters
- **Lookback Period**: 55 bars (automatically identifies the highest volume bar)
- **Volume MA**: 21-period simple moving average for volume confirmation
- **Signal Size**: Tiny markers to avoid chart clutter

## Best Practices
- Use on multiple timeframes for confirmation
- Combine with other technical indicators for stronger signals
- Pay attention to the color changes in the range area
- Consider market context and overall trend direction

## Ideal Markets
- Works well on liquid markets with consistent volume patterns
- Effective on stocks, forex, and crypto markets
- Best suited for swing trading and medium-term analysis

This indicator is particularly useful for traders who rely on volume analysis and want to identify key price levels where the market has shown significant interest.
前天
版本注释
# Volume Bar Range (VBR) Indicator

## Overview
The Volume Bar Range indicator identifies key support and resistance levels based on high-volume price bars. It creates a visual range that represents significant price levels where the market has shown strong interest through volume confirmation.

## Features

### Visual Range Display
- **Blue/Aqua Area**: Shows the price range of the highest volume bar within the lookback period
- **Dynamic Color**: The fill color changes to indicate whether the range is stable (aqua) or newly updated (white)
- **Boundary Lines**: Invisible white lines mark the upper and lower boundaries of the range

### Trading Signals
- **BUY Signal**: Blue upward arrow appears when price breaks above the resistance level with volume confirmation
- **SELL Signal**: Black downward arrow appears when price breaks below the support level with volume confirmation

## How to Use

### Setup
1. Apply the indicator to any chart
2. The indicator automatically identifies the highest volume bar in the last 55 periods
3. The price range of this high-volume bar becomes your support/resistance zone

### Trading Strategy
- **Range Trading**: Trade within the identified support/resistance range
- **Breakout Trading**: Enter positions when price breaks above resistance (BUY) or below support (SELL)
- **Volume Confirmation**: Only take signals when current volume exceeds the 21-period average

### Signal Interpretation
- **BUY Signal**: Price closes above the resistance level with above-average volume
- **SELL Signal**: Price closes below the support level with above-average volume
- **No Signal**: Price remains within the range or volume is insufficient

## Key Parameters
- **Lookback Period**: 55 bars (automatically identifies the highest volume bar)
- **Volume MA**: 21-period simple moving average for volume confirmation
- **Signal Size**: Tiny markers to avoid chart clutter

## Best Practices
- Use on multiple timeframes for confirmation
- Combine with other technical indicators for stronger signals
- Pay attention to the color changes in the range area
- Consider market context and overall trend direction

## Ideal Markets
- Works well on liquid markets with consistent volume patterns
- Effective on stocks, forex, and crypto markets
- Best suited for swing trading and medium-term analysis

This indicator is particularly useful for traders who rely on volume analysis and want to identify key price levels where the market has shown significant interest.

7月5日

版本注释

# New Input Options Added

## Signal Text Selection
- **Parameter**: `signalText`
- **Type**: String selector
- **Options**:
- "买/卖" (Chinese - default)
- "B/S" (Short English)
- "BUY/SELL" (Full English)
- **Function**: Controls the text displayed on buy/sell signals

## Lookback Period
- **Parameter**: `lookback`
- **Type**: Integer input
- **Range**: 10-200 bars
- **Default**: 55
- **Function**: Number of bars to look back for highest volume detection

## Volume MA Period
- **Parameter**: `volMA_period`
- **Type**: Integer input
- **Range**: 5-50 periods
- **Default**: 21
- **Function**: Period for volume moving average calculation

## Reversal Signals Toggle
- **Parameter**: `showReversalSignals`
- **Type**: Boolean toggle
- **Default**: Enabled (true)
- **Function**: Enable/disable reversal breakout signals display

These options allow users to customize the indicator's sensitivity, signal appearance, and functionality according to their trading preferences and market conditions.