> For the complete documentation index, see [llms.txt](https://indicators.agenatrader.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://indicators.agenatrader.com/premium-indicators/volume-addon/volumesentimentlong.md).

# VolumeSentimentLong

**The installation of the Technical Analysis Package is required in order to access this indicator.**

#### Description <a href="#description_138" id="description_138"></a>

This indicator detects bullish volume activity based on the analysis of the volume of a period, the price span of a bar and the close of the bar (=VolumeSpreadAnalysis).

It screens for 3 signals (listed are the sub-criteria that must be met for the respective signal):

* SellingClimax (dark green) 6.11..1. Lowest low since 50 periods 6.11..2. Bar with large range 6.11..3. Extremely high volume
* DemandComingIn (lime green) 6.11..1. UpBar (current close larger than previous close) 6.11..2. Previous Bar: DownBar (close smaller than previous close) 6.11..3. Previous Bar: Bar with large range 6.11..4. Previous Bar: Above-average high volume
* BagHolding (light green) 6.11..1. Lowest low since 50 periods 6.11..2. DownBar 6.11..3. Bar with small range 6.11..4. Above-average high volume 6.11..5. Close larger than or equal to the middle of the bar

The VolumeSentiments provide the foundation for the calculation of the volume condition; see point 5. When a bullish VolumeSentiment occurs, the bar is colored in the respective color of the signal; you can change this color in the parameter setting

#### Parameters <a href="#parameters_113" id="parameters_113"></a>

to be announced

#### Return value <a href="#return-value_122" id="return-value_122"></a>

to be announced

#### Usage <a href="#usage_124" id="usage_124"></a>

to be announced

#### Visualization <a href="#visualization_127" id="visualization_127"></a>

![VolumeSentimentLong](https://agenatrader.github.io/AgenaIndicator-documentation/media/VolumeSentimentLong.png)

#### Example <a href="#example_118" id="example_118"></a>

to be announced
