VR (Volume Ratio)
Indicator Description
VR (Volume Ratio) is a volume indicator that reflects market activity and trend changes by calculating the ratio of volume changes.
Function Information
- Function Name: VR
- Input Parameters: Close, Volume
- Parameter Settings: timeperiod1 (default: 21), timeperiod2 (default: 8)
- Output: vr, ma
Calculation Principle
VR reflects market activity by calculating the ratio of volume changes. When the VR value increases, it indicates enhanced market activity; when the VR value decreases, it indicates weakened market activity.
Application Scenarios
- Market activity analysis
- Trend strength judgment
- Divergence signal identification
- Trading signal generation
Usage Suggestions
- VR turning from negative to positive can be seen as a buy signal
- VR turning from positive to negative can be seen as a sell signal
- Use in combination with price trends
- Pay attention to volume changes