Hi VSA trader, a question about the back ground strength indicator. Is it measuring the strength of the trend on all time frames?
If so, isn't the VSA indicator a reversal indicator? So wouldn't you be trading against the trend most of the time? Or am I understanding it wrong?
Are we trading with the trend on the higher time frames, and just looking for a reversal on the current time frame. So, do we ignore the trend strength on the current time frame, and just go with the higher time frames? Thanks for clearing it up for me.
If so, isn't the VSA indicator a reversal indicator? So wouldn't you be trading against the trend most of the time? Or am I understanding it wrong?
Are we trading with the trend on the higher time frames, and just looking for a reversal on the current time frame. So, do we ignore the trend strength on the current time frame, and just go with the higher time frames? Thanks for clearing it up for me.