PVSRA Candles (Real Orderflow)

About

PolishQuant - The classic PVSRA (Price / Volume / Spread / Range Analysis) candle-coloring engine, rebuilt on REAL aggressive orderflow instead of candle-body or tick proxies. Every candle is repainted by how exceptional its volume — and volume × range — is versus the trailing 10-bar baseline: • Climax (vol ≥ 2.0× avg, or highest vol×spread of the window) → Lime / Red • Above-avg (vol ≥ 1.5× avg) → Blue / Fuchsia • Normal (everything else) → dim gray Real-orderflow upgrades over standard PVSRA scripts: 1. Real traded volume. 2. Bull/bear direction from REAL DELTA (buy vol − sell vol) — it colors who was actually in control, not just where the candle closed. Switchable to Candle Body or a Hybrid mode that flags delta/body disagreement. 3. Absorption detection — climax volume that price did NOT follow (frozen spread, or large aggressive delta with a tiny body). Marked with a diamond: below the bar = BUY absorption (bullish), above the bar = SELL absorption (bearish). Tip: for a clean read, dim your native candle bodies to 0 opacity in chart settings so this overlay is the only candle drawn (same as TradingView PVSRA scripts). Configurable baseline period, climax/above multipliers, direction mode, absorption thresholds, and full color control. Best on instruments with real buy/sell volume; falls back to volume delta where per-side volume is unavailable.