Story of my life--so it finally happened--take some profits folks--Now--if an EA can do what i just did--live--no backtest(bullS**t)--am willing to pay $2,000,000 for it---
Volume Spread Analysis (VSA) and background 5 replies
Trading With VSA - Volatile Volume and Spread Analysis 9 replies
What is the best VSA (Volume Spread Analysis) system/indicator? 1 reply
Volume Spread Analysis (VSA) and the EURUSD 3 replies
VSA Volume Spread Analysis: No demand and accumlation 2 replies
DislikedWe are trying to understand what happens inside a chart, we are not just trying to have a good balance between our trades, but keep a critical eye to the eternal battle between supply and demand, so these analysis gives us the most clear vision of the moment.
What is the most difficult to do using this approach to trading?
Surely we must have excellent knowledge bases, and be very good observers, but the greater difficulty is summarize in a single image, the more clear as possible, all the pieces of the puzzle.
In this example I used...Ignored
DislikedNice to meet you fallow countryman! i from Sabah. Give me your skype or yahoo ID, we can discuss from there...Ignored
DislikedNice, Delcon
1. Where we can get those Def-Indicator ? Are you using Auto pattern indicator ?Ignored
Disliked2. I am still missing "where we are now" in your*s Chart analysis, since I cannot "see" the VSA Cycles(accumulation or distribution area) to spot "the real Vsa backround) in 1h chart or Daily chart.
e.g. Bullish(Price Action but not volume action) Channel in 5m chart will not "the same" with Bullish Channel in 1H/Daily chart.Ignored
DislikedAfter the break-up of ascending triangle, we have a little range to confirm break, and a good bull run. Maybe someone take profit on top, price go sideways and go to make a test immediately after marked a new high.Ignored
Disliked3. I am still missing "the Base/congestion zone", which is supposed can be found in Market Profile (longest)Bar or Volume Weight Average Price level as VSA Base(not neccesarily indentical with (technical Support/Resistent).Ignored
Disliked4. I think most important topic in VSA is Supply pressure and Demand pressure in trending bar formation(maybe more than 20bar ?) to "see" the Market weakness or strength as backround, before we can focus on 2-6 bars to "judge where the next bar(bar formation) will go.Ignored
DislikedHi ad2008,
I' m, Defcon, not Delcon
I coded myself the indicator, and they are bugged, but they are just volume indicator with sma and a spread indicator.,I have so much VSA indicator in my folder so need to identify mine.
I don't use auto pattern indicator.
Are you looking for a oscillator that spot it?Bad Way, oscillator is summary, sure I'll use it later!
The charts 1H show us the big picture, and if u look better you can see the acc/dist phase where price don't run,
but if the chart isn't clear, of course, we should go inside 5/15...Ignored
Disliked-
damn--Everybody wants a fat Wick--- --Sorry its early--but i had to go there...
Just so you don't drive yourself nuts;;
Superwoodies colors-- are all black--
0,1 width is set to 3
2,3 width is set to 4
--rest are 0
MT4 chart properties
colors
barup--set to none
bardown--set to none
bull candle--limegreen
bearcandle--red
common-
mark -chart on foreground
Don`t you know a fat wick gives you more confidence , of course then you
become a better trader .
P.S---TO Beginners---read the first post by shamus...Ignored
*** If you DO know, please PM me - I would like to know how to use the P variable too.
G