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Anti Volume Stop Loss indicator.. requested. #849

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Swesun08 opened this issue Nov 10, 2024 · 0 comments
Open

Anti Volume Stop Loss indicator.. requested. #849

Swesun08 opened this issue Nov 10, 2024 · 0 comments
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enhancement New feature or request good first issue Good for newcomers help wanted Extra attention is needed

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@Swesun08
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Swesun08 commented Nov 10, 2024

Hi,

I've read Buff Dormeier's 2011 "Investing w/ Volume Analysis" book at least 3 times, looking for hints in other parts of the book, but the calculation of his Anti-Volume Stop Loss still eludes me. On page 254 Buff says

Length = Round (3+VPCI)
Price = Average (Lows x 1/ VPC x 1 / VPR, Length)
Standard Deviation = 2 x (VPCI X VM)

AVSL = Lower Bollinger Band - (Price, Length, Standard Deviation)

Same indicator made by rafka in trading view.
Can this be added to library?

@Swesun08 Swesun08 added the enhancement New feature or request label Nov 10, 2024
@twopirllc twopirllc removed their assignment Nov 10, 2024
@twopirllc twopirllc added help wanted Extra attention is needed good first issue Good for newcomers labels Nov 10, 2024
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Labels
enhancement New feature or request good first issue Good for newcomers help wanted Extra attention is needed
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