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QuaScript

Volatility & Rejection at Price

NewFree

True range and wick rejection summed by price

Price-Axis PanesPrice-axis pane CanvasPrice-axis pane
quascriptprice-axisvpanerejectionvolatility

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Language
QuaScript
Engine
Native C++, incremental on live ticks
Rendering
Canvas
Placement
Price-axis pane
Settings
1
Plots
0
Lines of code
19
Source
presets/analysis/vpane/volatility_at_price.qs
Volatility & Rejection at Priceengine result
Loading the engine result…
quatick-charts · QuaScript engine on synthetic 1-minute bars · drag to pan · scroll to zoom · Run executes the script on the engine (⌘/Ctrl+Enter while editing)

About

Where the market is violent and where it is rejected. The first pane spreads each bar's true range over its high-low range and sums it by price, so wide-range areas stand out. The second pane sums the wick volume of each bar over its upper wick (sellers rejecting, red) and lower wick (buyers rejecting, green).

0
Plotted series
0
Signal marks
0
Drawings
0
Alert rules
1
Settings
13
Lines of code

What it draws

Price-axis pane · counted from the engine's plot table and the script's draw calls

Series

No plotted series; the output is drawings and marks.

Signal marks

No bar marks.

Drawings and chart effects

  • Price-axis pane histograms / profiles

How it runs

From source to the live chart, for this script

  1. 1
    Compile

    The QuaScript compiler checks the 19-line script (13 lines of code) and lowers it for the native C++ engine. Compile errors point at the exact line and column.

  2. 2
    Place

    The header sets pane = vpane: output goes to a pane beside the price axis, sharing the candles' price scale.

  3. 3
    Compute

    The script runs once per bar, oldest to newest.

  4. 4
    Stay live

    On the terminal the script keeps one live engine session: a tick rolls the forming bar back to its checkpoint and re-executes only that bar, and new bars are appended, so history is never rerun while the market moves. The live result is identical to a full run.

  5. 5
    Render

    The results are handed to the chart: series on Canvas.

  6. 6
    Tune

    1 setting in 1 group appear in the chart's settings dialog. Changing one reruns the engine with the new value.

Rendering

This script draws on Canvas

WebGPUNot used

The browser's modern GPU API. The chart uploads every line, band and mark of the script as GPU buffers and draws them in one pass, so dense heatmaps and dozens of series stay smooth while you pan and zoom. Without WebGPU support the chart's GPU layer falls back to WebGL 2, then Canvas 2D.

WebGLNot used

GPU drawing through WebGL 2, available in every current browser. Used for chart-native profiles and for series that ask for it with backend = "webgl". Fast for large numbers of bars and wide fills.

CanvasSeries renderer

The browser's 2D drawing API. Text-heavy and object-style output (dashboard tables, zones, tags, segments), candle colors and backgrounds are painted by the QuaScript layer, a Canvas 2D surface over the chart. Series use Canvas when the script's header does not ask for a GPU.

In this script
  • • output series

Settings

1 settings, grouped as in the chart's settings dialog

General
SettingTypeDefaultRange / optionsId
RowsInteger6010 – 200rows

Script

packages/quascript/presets/analysis/vpane/volatility_at_price.qs

Header

analysis "Volatility & Rejection at Price" {
    pane = vpane
    width = 150
}
Total lines
19
Code lines
13
Comment lines
4
Helper functions
0
Loops
0
Persistent variables
0
Higher-interval feeds
0
Engine plots
0

Built with

Technical analysis (ta.*)
ta.true_range
Math (math.*)
math.maxmath.min

Discussion

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