volume price analysis cheat book Indicator: https://in.tradingview.com/script/3lD9J22Q-VPA-5-0/

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sn Symbol Legend Description Indication
1
UT1
Upthrust Bar: This will be widespread Bar
on high Volume closing on the low. This
normally happens after an up move. Here
the smart money move the price to the High
and then quickly brings to the Low trapping
many retail trader who rushed into in order
not to miss the bullish move.
Bearish
2
UT2
Upthrust Bar Confirmation: A widespread
Down Bar following a Upthrust Bar. This
confirms the weakness of the Upthrust Bar.
Expect the stock to move down
Confirms
Bearishness
3
PUT
Pseudo Upthrust: An Upthrust Bar in bar
action but the volume remains average. This
still indicates weakness.
Possible
Bearishness
4
PUC
Pseudo Upthrust Confirmation: widespread
Bar after a pseudo–Upthrust Bar confirms
the weakness of the Pseudo Upthrust Bar
Confirms
Bearishness
5
BC
Buying Climax: A very wide Spread bar on
ultra-High Volume closing at the top. Such a
Bar indicates the climatic move in an
uptrend. This Bar traps many retailers as the
uptrend ends and reverses quickly
Confirms
Bearishness
6
TC
Trend Change: This Indicates a possible
Trend Change in an uptrend Weakness
7
SEC
Sell Condition: This bar indicates confluence
of some bearish signals. Possible end of
Uptrend and start of Downtrend soon
Bearish

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sn Symbol Legend Description Indication
8
UT
Upthrust Condition: When multiple bearish
signals occur, the legend is printed in two
lines. The Legend “UT” indicates that an
upthrust condition is present.
Bearish
9
ND
No demand in uptrend: This bar indicates
that there is no demand. In an uptrend this
indicates weakness
Bearish
10
ND
No Demand: This bar indicates that there is
no demand. This can occur in any part of the
Trend. In all place other than in an uptrend
this just indicates just weakness
Weakness
11
ED
Effort to Move Down: Widespread Bar
closing down on High volume or above
average volume. The smart money is
pushing the prices down.
Bearishness
12
EDF
Effort to Move Down Failed: Widespread /
above average spread Bar closing up on
High volume or above average volume
appearing after ‘Effort to move down” bar.
This indicates that the Effort to move the
pries down has failed.
Bullish
13
SV
Stopping Volume: A high volume medium
to widespread Bar closing in the upper
middle part in a down trend indicates that
smart money is buying. This is an indication
that the down trend is likely to end soon.
Strength

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sn Symbol Legend Description Indication
14
ST1
Strength Returning 1: Strength seen
returning after a down trend. High volume
adds to strength. Strength
15
ST2
Strength Returning 2: Strength seen
returning after a down trend. High volume
adds to strength.
Strength
16
BYC
Buy Condition: This bar indicates
confluence of some bullish signals Possible
end of downtrend and start of uptrend soon
Strength
17
EU
Effort to Move Up: Widespread Bar closing
up on High volume or above average
volume. The smart money is pushing the
prices up.
Bullish
18
EUF
Effort to Move Up Failed: Widespread /
above average spread Bar closing down on
High volume or above average volume
appearing after ‘Effort to move up” bar.
This indicates that the Effort to move the
pries up has failed.
Bearish
19
LVT
Low Volume Test: A low volume bar dipping
into previous supply area and closing in the
upper part of the Bar. A successful test is a
positive sign
Strength

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sn Symbol Legend Description Indication
20
ST
Strength after Successful Low Volume Test:
An up Bar closing near High after a Test
confirms strength. Bullish
21
RUT
Reverse Upthrust Bar: This will be a
widespread Bar on high Volume closing on
the high is a Down Trend. Here the buyers
have become active and move the prices
from the low to High. The down Move is
likely to end and up trend likely to start
soon
Strength
22
NS
No supply Bar: This bar indicates that there
is no supply. This is a sign of strength
especially in a down trend
Strength
23
ST
Strength Returns: When multiple bullish
signals occur, the legend is printed in two
lines. The Legend “ST” indicates that an
condition of strength other than the
condition mentioned in the second line is
present.
Bullish

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BAR COLORS
Green- Bullish / Strength
Red - Bearish / weakness
Blue / White - Sentiment Changing from bullish to Bearish and Vice
Versa