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// This file contains functions that implement Volume Spread Analysis (VSA) techniques.
// It analyzes price and volume data to identify potential breakouts and market trends.
export function analyzeVSA(priceData, volumeData) {
const results = [];
for (let i = 1; i < priceData.length; i++) {
const currentPrice = priceData[i];
const previousPrice = priceData[i - 1];
const currentVolume = volumeData[i];
const previousVolume = volumeData[i - 1];
const priceChange = currentPrice - previousPrice;
const volumeChange = currentVolume - previousVolume;
const vsaSignal = determineVsaSignal(priceChange, volumeChange);
results.push({
price: currentPrice,
volume: currentVolume,
vsaSignal: vsaSignal
});
}
return results;
}
function determineVsaSignal(priceChange, volumeChange) {
if (priceChange > 0 && volumeChange > 0) {
return 'Bullish';
} else if (priceChange < 0 && volumeChange > 0) {
return 'Bearish';
} else if (priceChange > 0 && volumeChange < 0) {
return 'Weak Bullish';
} else if (priceChange < 0 && volumeChange < 0) {
return 'Weak Bearish';
} else {
return 'Neutral';
}
}
export function detectBreakouts(priceData, volumeData, threshold) {
const breakouts = [];
for (let i = 1; i < priceData.length; i++) {
const currentPrice = priceData[i];
const previousPrice = priceData[i - 1];
const currentVolume = volumeData[i];
if (currentPrice > previousPrice + threshold && currentVolume > volumeData[i - 1]) {
breakouts.push({
price: currentPrice,
volume: currentVolume,
breakout: true
});
}
}
return breakouts;
}