Introducing the First of Its Kind, The Ultimate Tool for your Financial Trading Indicators, BOT & Signals

VC

VC Effort & Result Index

V.C. Effort & Result Index draws the Price change, Volume , Delta & Delta % as a histogram. On the positive side of the histogram, it marks the price change & on the negative side of the histogram, it marks volume , delta & delta %. And the best part of the indicator is that it allows you to see all the mentioned data types simultaneously.
See the below chart for a comprehensive understanding.
snapshot

Before moving further, understand the below analogy first.

Volume & Delta = Fule or Effort
Price Movement = Result

Think of Volume & Delta as FULE or EFFORT and Price Movement as Result.

If the price travels a significant distance with less fule & effort, it indicates that no barriers or inverse forces are stopping the price movement.
On the other hand, if the price is travelling a less distance & consuming comparatively more fule & effort, it indicates some barriers or inverse forces stopping the price movement.



V.C. Effort & Result Index empowers you to read, compare & analyse Volume , Delta & Price effortlessly. It helps to measure the relative price change in different combinations. Such as, you can compare the price change with total volume , delta volume & delta percentage.
See the below relative comparison analysis by using Price Change, Volume Change & Delta Change.
snapshot

In the above example, you can see that on candle A, there is a very significant price move with a small volume & delta. But on the next candle B, there is a minor price move compared to the previous candle A, but the volume is relatively high & delta is almost the same. In simple words, the same effort was applied to candle B but got fewer results than candle A. It indicates that buyers applied the same effort but failed to get the same results. It reveals that sellers are taking control, leading to a trend reversal.
This comparative analysis method & approach can add an extra edge to your analysis spacially on key levels & breakouts.

V.C Effort & Result Index Settings & Inputs
snapshot

Price Change:
Allow you to show/hide the price change bars on the positive side of the histogram.
Volume:
Allow you to show/hide the total volume on the negative side of the histogram.
Delta%:
Allow you to show/hide the delta % on the negative side of the histogram.
Delta:
Allow you to show/hide the delta on the negative side of the histogram.

Style Settings
snapshot

The Style section allows you to change the colors & the view format of all data types.

Disclaimer Note:
V.C Box Chart Histogram is not a Buy/Sell signal based indicator or a holy grail trading system. It is purely a leading indicator that can help you to analyse demand & supply and buying & selling forces of the market in a smart & effortless way. Before applying this indicator to your analysis, you should have some basic knowledge about volume , delta, & supply & demand . Some basic understanding of Sir Richerd Wyckoff's Theory can also be helpful.

Disclaimer

Trading involves risks, and it's important to note that most day traders experience losses. VC Trading Method offers this website, its products, and services solely for informational and educational purposes. All content is presented hypothetically and selected post-event to showcase our products. It should not be taken as financial advice. Decisions to trade securities, commodities, or other investments should be made based on advice from qualified financial professionals, given the inherent risks. Hypothetical or simulated performance results have limitations. Unlike actual performance records, simulated results do not reflect real trading outcomes. They might not account for certain market factors like liquidity. Additionally, simulated trading programs are designed in hindsight and do not guarantee future profit or loss outcomes. Testimonials on this website may not represent typical client experiences and do not guarantee future success. As a provider of technical analysis tools, we lack access to our customers' personal trading accounts or brokerage statements. Thus, we cannot assume how our customers perform in comparison to other traders based on our content or tools. Charts used on this site are powered by TradingView®, a registered trademark of TradingView, Inc. This isn't our complete disclaimer. Kindly read our full disclaimer for more details. © 2023 Universal Bot

Copyright © , VC Trading Method. All rights reserved.