# VolumeSentimentShort

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

#### Description <a href="#description_139" id="description_139"></a>

This indicator is the counterpart to the VolumeSentimentLong and detects bearish 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):

* BuyingClimax (dark red) 6.12..1. Highest high since 50 periods 6.12..2. Bar with large range 6.12..3. Extremely high volume
* SupplyComingIn (red) 6.12..1. DownBar 6.12..2. Previous Bar: UpBar 6.12..3. Previous Bar: Bar with large range 6.12..4.Previous Bar: Above-average high volume
* EndOfRisingMarket (coral) 6.12..1. Highest high since 50 periods 6.12..2. UpBar 6.12..3. Bar with small range 6.12..4.Above-average high volume 6.12..5.Close smaller than or equal the middle of the bar

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

#### Parameters <a href="#parameters_114" id="parameters_114"></a>

to be announced

#### Return value <a href="#return-value_123" id="return-value_123"></a>

to be announced

#### Usage <a href="#usage_125" id="usage_125"></a>

to be announced

#### Visualization <a href="#visualization_128" id="visualization_128"></a>

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

#### Example <a href="#example_119" id="example_119"></a>

to be announced