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pandas-ta/pandas_ta/volume/vp.py
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# -*- coding: utf-8 -*-
from numpy import array_split
from pandas import concat, DataFrame
from ..utils import signed_series, verify_series
def vp(close, volume, width=None, **kwargs):
"""Indicator: Volume Profile (VP)"""
# Validate arguments
close = verify_series(close)
volume = verify_series(volume)
width = int(width) if width and width > 0 else 10
sort_close = kwargs.pop('sort_close', False)
# Setup
signed_volume = signed_series(volume, initial=1)
pos_volume = signed_volume[signed_volume > 0] * volume
neg_volume = signed_volume[signed_volume < 0] * -volume
vp = concat([close, pos_volume, neg_volume], axis=1)
close_col = f"{vp.columns[0]}"
high_price_col = f"high_{close_col}"
low_price_col = f"low_{close_col}"
mean_price_col = f"mean_{close_col}"
mid_price_col = f"mid_{close_col}"
volume_col = f"{vp.columns[1]}"
pos_volume_col = f"pos_{volume_col}"
neg_volume_col = f"neg_{volume_col}"
total_volume_col = f"total_{volume_col}"
vp.columns = [close_col, pos_volume_col, neg_volume_col]
# sort_close: Sort by close before splitting into ranges. Default: False
# If False, it sorts by date index or chronological versus by price
if sort_close:
vp.sort_values(by=[close_col], inplace=True)
# Calculate Result
vp_ranges = array_split(vp, width)
result = ({
low_price_col: r[close_col].min(),
mean_price_col: r[close_col].mean(),
high_price_col: r[close_col].max(),
pos_volume_col: r[pos_volume_col].sum(),
neg_volume_col: r[neg_volume_col].sum(),
} for r in vp_ranges)
vpdf = DataFrame(result)
vpdf[total_volume_col] = vpdf[pos_volume_col] + vpdf[neg_volume_col]
# Handle fills
if 'fillna' in kwargs:
vpdf.fillna(kwargs['fillna'], inplace=True)
if 'fill_method' in kwargs:
vpdf.fillna(method=kwargs['fill_method'], inplace=True)
# Name and Categorize it
vpdf.name = f"VP_{width}"
vpdf.category = 'volume'
return vpdf
vp.__doc__ = \
"""Volume Profile (VP)
Calculates the Volume Profile by slicing price into ranges. Note: Value Area is not calculated.
Sources:
https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:volume_by_price
https://www.tradingview.com/wiki/Volume_Profile
http://www.ranchodinero.com/volume-tpo-essentials/
https://www.tradingtechnologies.com/blog/2013/05/15/volume-at-price/
Calculation:
Default Inputs:
width=10
vp = pd.concat([close, pos_volume, neg_volume], axis=1)
vp_ranges = np.array_split(vp, width)
result = ({high_close, low_close, mean_close, neg_volume, pos_volume} foreach range in vp_ranges)
vpdf = pd.DataFrame(result)
vpdf['total_volume'] = vpdf['pos_volume'] + vpdf['neg_volume']
Args:
close (pd.Series): Series of 'close's
volume (pd.Series): Series of 'volume's
width (int): How many ranges to distrubute price into. Default: 10
Kwargs:
fillna (value, optional): pd.DataFrame.fillna(value)
fill_method (value, optional): Type of fill method
sort_close (value, optional): Whether to sort by close before splitting into ranges. Default: False
Returns:
pd.DataFrame: New feature generated.
"""