Disliked'Morning,
Here's a chart with a NT VSA indi downloaded yesterday : it looks interesting but I have no idea what all the chart symbols are (the colored squares and diamonds). I've asked on the NT forum, but no reply as yet : I note they correspond with some of the charts on the pdf file in Post #80 (which I think may be Amibroker charts).
Is anyone familiar with this particular form of VSA analysis & could clarify it, please ?
Edit : chart times are CET.
Edit 2 : the 3 sets of comments written on white background are part of the indicator and...Ignored
And here is a Legend to the symbols as I understand (It is also in the cs file).
Red Square - UpThrust bar.
Blue Diamond - Reversal possible, yesterday was high volume wide spread up bar, but today we reached 10 days high with low close wide spread down bar.
Red Triangle Down - UpThrust confirmation.
Lime Square - Strength bar (either strength is showing in down trend or a supply test in up trend).
Yellow Triangle Up - An Upbar closing near High after a Test confirms strength.
Lime Diamond - Stopping volume. Normally indicates end of bearishness is nearing /OR/ No supply.
Lime Triangle Up - The previous bar saw strength coming back, This upbar confirms strength.
Blue Square - Psuedo UpThrust, A Sign of Weakness /OR/ A High Volume Up Bar closing down in a uptrend shows Distribution /OR/ No Demand.
Blue Triangle Down - A Down Bar closing down after a Pseudo Upthrust confirms weakness.
Yellow Triangle Down - High volume Downbar after an upmove on high volume indicates weakness.
Aqua Triangle Up - High volume upbar closing on the high indicates strength (in short term down trend).
Deep Pink Square - Test for supply.
Turquoise Diamond - Effort to Rise. Bullish sign.
Yellow Diamond - Effort to Fall. Bearish sign.