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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; | |
} |