// This source code is subject to the terms of the Mozilla Public License 2.

0 at
https://mozilla.org/MPL/2.0/

// © karthikmarar

//@version=4

study("VPA Volume")

//=========================================================================|

// Slope Calculation |

//=========================================================================|

src = sma(close,5)

//--------------longterm trend---------------

lts = linreg(src, 40, 0)

ltsprev = linreg(close[3], 40, 0)

ltsslope = ((lts - ltsprev) / 3 )

//-------------Medium Term Trend-------------

mts = linreg(src, 20, 0)

mtsprev = linreg(close[3], 20, 0)

mtsslope = ((mts - mtsprev) / 3 )

//-------------short Term Trend-------------

sts = linreg(src, 3, 0)

stsprev = linreg(close[1], 3, 0)

stsslope = ((sts - stsprev) / 2 )

tls = ltsslope

//-----------------------------Bar coloring Code-------------------------------------------------

//Vlp=Param("Volume lookback period",150,20,300,10);

Vrg=sma(volume,30)// average volume

rg=(high-close)

arg=wma(rg,30)

Vh=volume>volume[1] and volume[1]>volume[2]

Cloc=close-low

x=(high-low)/Cloc

x1=Cloc==0?arg:x

Vb1 = volume >Vrg or volume > volume[1]

ucls=x1<2

dcls=x1>2

mcls=x1<2.2 and x1>1.8

Vlcls=x1>4

Vhcls=x1<1.35

upbar = close > close[1]

dnbar = close < close[1]

CloseUp = close > close[1]

CloseDn = close < close[1]

VolUp = volume > volume[1]

VolDn = volume < volume[1]

bb1 = upbar and CloseUp and ucls and low > low[1]

bb2 = upbar and VolUp

bb3 = dnbar and CloseDn and VolDn

bb4 = dnbar and CloseDn and close > close[1]

db1 = dnbar and CloseDn and dcls

db2 = dnbar and VolUp

db3 = upbar and CloseDn and VolUp

db4 = upbar and CloseDn and close<low[1] and dcls

db5 = upbar and CloseUp and ucls and low<low[1]

db6 = upbar and CloseUp and dcls

bb=(bb1 or bb2 or bb3 or bb4)

db=(db1 or db2 or db3 or db4 or db5 or db6)

//Mcolor = IIf(bb AND tls>0, colorLime,IIf(db AND tls<0,colorRed,colorWhite)) ;

mcolor = bb and tls>0? color.green : (db and tls<0? color.red:color.blue)

//mcolor = bb and upminor> 0? color.green : (db and upminor<0? color.red:color.blue)

//barColour = lowVolTest?color.aqua : lowVolTest2 ? #E12BD8 : bc ? #A60800 : upThrustBar ?

color.yellow : bullBar?color.lime : bearBar ? color.red : (noDemandBarUt or noDemandBarDt) ?
color.white : noSupplyBar ? color.silver : upBar ? color.green : downBar ? color.orange : color.navy

//barcolor(color=barColour)

showMA = input(true)

barcolor(color=mcolor)

plot(showMA ? sma(volume,60) : na, style=plot.style_area, color=#ffff00, title="Volume MA", transp=60)

plot(volume, color = mcolor, style=plot.style_columns, title="Volume", transp=0)

plot(showMA ? sma(volume,60) : na, style=plot.style_line,linewidth=2, color=color.red,title="Volume

MA", transp=0)

bgcolor(color.black)