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Volume Spread Analysis (VSA) Discussion 2 replies

Volume Spread Analysis (VSA) and background 5 replies

What is the best VSA (Volume Spread Analysis) system/indicator? 1 reply

Volume Spread Analysis (VSA) and the EURUSD 3 replies

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Learn to Trade using VSA (Volume Spread Analysis)

  • #601
  • Mar 5, 2009 9:57am Mar 5, 2009 9:57am
Quoting thatwasme
If you can give me a clear explanation of what you mean by cumulative volume, I can write it for you. I think it would be interesting.
Hi thatwasme,
have a look here http://www.forexfactory.com/showpost...&postcount=323, can u made this change?

thanks.

Lubo
If I know how, I tell You!! Few but Good!!
  • #602
  • Mar 5, 2009 10:02am Mar 5, 2009 10:02am
Quoting LuboLabo
Hi thatwasme,
have a look here http://www.forexfactory.com/showpost...&postcount=323, can u made this change?

thanks.

Lubo
What you are asking for there is a shift from price based TPOs to Volume based TPOs. That is not cumulative volume as I understand it. I would have to look closer at those indicators to see what I could do to change over. I can tell you right now, it would use a massive amount of CPU, because it would have to build arrays to store volume ticks up and down and then distribute them for each bar.
  • #603
  • Mar 5, 2009 10:16am Mar 5, 2009 10:16am
Quoting thatwasme
What you are asking for there is a shift from price based TPOs to Volume based TPOs. That is not cumulative volume as I understand it. I would have to look closer at those indicators to see what I could do to change over. I can tell you right now, it would use a massive amount of CPU, because it would have to build arrays to store volume ticks up and down and then distribute them for each bar.
it's not true cumulative volume at price, but can approximate it.

I think you can use volume from 1M TF from each bar and divide it per each bar range, cause MT4 don't provide tick volume history.

What do u think about?

Thanks for giving a look.

Lubo.
If I know how, I tell You!! Few but Good!!
  • #604
  • Mar 5, 2009 10:20am Mar 5, 2009 10:20am
Quoting LuboLabo
it's not true cumulative volume at price, but can approximate it.

I think you can use volume from 1M TF from each bar and divide it per each bar range, cause MT4 don't provide tick volume history.

What do u think about?

Thanks for giving a look.

Lubo.
So something like this?

V = Volume(M1) / ( High - Low )

or

V[n] = Volume(M1)[n] / ( High[n] - Low[n] ) for each bar through the entire chart or how ever many bars are to be displayed.
  • #605
  • Mar 5, 2009 10:27am Mar 5, 2009 10:27am
Quoting thatwasme
So something like this?

V = Volume(M1) / ( High - Low )

or

V[n] = Volume(M1)[n] / ( High[n] - Low[n] ) for each bar through the entire chart or how ever many bars are to be displayed.

Thanks mate... a mark from me ...cheers!
  • #606
  • Mar 5, 2009 10:28am Mar 5, 2009 10:28am
Quoting Piters
Thanks mate... a mark from me ...cheers!
Does that mean this is a correct formula?
  • #607
  • Mar 5, 2009 10:31am Mar 5, 2009 10:31am
Quoting thatwasme
So something like this?

V = Volume(M1) / ( High - Low )

or

V[n] = Volume(M1)[n] / ( High[n] - Low[n] ) for each bar through the entire chart or how ever many bars are to be displayed.
I think the 2°, it should plot a Histogram overlay the chart that show the comulative volume for each price, it would be nice if you could choose a start and end date and time to show histogram.

Lubo.
If I know how, I tell You!! Few but Good!!
  • #608
  • Mar 5, 2009 10:36am Mar 5, 2009 10:36am
Quoting thatwasme
Does that mean this is a correct formula?

I have to check, I do have some indies with cumulative volume, but I can post the code tomorrow.. too late now.. My mark is for your indies !!

Thanks
  • #609
  • Mar 5, 2009 10:36am Mar 5, 2009 10:36am
Quoting Piters
I have to check, I do have some indies with cumulative volume, but I can post the code tomorrow.. too late now.. My mark is for your indies !!

Thanks
Oh ok thanks for the nod
  • #610
  • Mar 5, 2009 10:48am Mar 5, 2009 10:48am
Im done for the day.......
Attached Image (click to enlarge)
Click to Enlarge Name: vsa.gif Size: 66 KB
forexflash
  • #611
  • Mar 5, 2009 10:50am Mar 5, 2009 10:50am
Islander,
can u post those indicators here? i'll check them out along with thatwasme's indies.
if u have time maybe u could post your observations with regards these two indicators sometime if u elect to further use them. Thanks!
  • #612
  • Mar 5, 2009 11:14am Mar 5, 2009 11:14am
Quoting thatwasme
If you can give me a clear explanation of what you mean by cumulative volume, I can write it for you. I think it would be interesting.

Edit I know what cumulative volume is as pertains to open interest or shares, but am not sure what you mean in regards to tick volume. Do you mean just a running total of ups and downs tick volume?
Hey TWM - a great updated indy that you posted earlier, many thanks...

I can see that others have already picked up on my post, so lets see where it goes, I'm only just getting my head around what I think might help and I'd rather sleep on it - especially as I'm now into my nightly glass - or two - of rioja...
Trading Levels with WRBs
  • #613
  • Mar 5, 2009 11:46am Mar 5, 2009 11:46am
Quoting FOREXflash
Im done for the day.......
FF,

You big teaser!!! You're rubbing it in our faces, aren't you? LOL!!! That's Piter's system, isn't it? I've been studying that one too. Ok, I tip my hat to you again and await your response.
- Bowen (a.k.a. Wolf)
  • #614
  • Mar 5, 2009 12:06pm Mar 5, 2009 12:06pm
Quoting Islander
Hey TWM - a great updated indy that you posted earlier, many thanks...

I can see that others have already picked up on my post, so lets see where it goes, I'm only just getting my head around what I think might help and I'd rather sleep on it - especially as I'm now into my nightly glass - or two - of rioja...
you're right, I have done some requests, but I did not want to take your place, sorry again .....

Lubo.

e oggi sono 2!!
If I know how, I tell You!! Few but Good!!
  • #615
  • Mar 5, 2009 12:22pm Mar 5, 2009 12:22pm
keep rubbing it in --forexflash--lol...i love seeing success--forex is one of the hardest thing to do in the world--any ass kicking is fine by me---but you need to tell us more--or list other forums(like you did above--BTW--thanks --where we can study and get more informed about it---am not lazy ---i can read 5000 post in a sitting--

best
  • #616
  • Mar 5, 2009 1:10pm Mar 5, 2009 1:10pm
Quoting supremeChaos
Islander,
can u post those indicators here? i'll check them out along with thatwasme's indies.
if u have time maybe u could post your observations with regards these two indicators sometime if u elect to further use them. Thanks!
Thats an easy one....g nite all
Attached File(s)
File Type: mq4 VolumeRSI_v1.mq4   3 KB | 716 downloads
File Type: mq4 VolumeAverage_v1.mq4   4 KB | 666 downloads
Trading Levels with WRBs
  • #617
  • Mar 5, 2009 1:57pm Mar 5, 2009 1:57pm
Quoting taomql4
still shorting GBPJPY...

i think sometimes high voulme and spread can exist accross different bars;;the upthrust bars are not as pure in appearances..
Great post guys, I'm glad people can see that VSA works, keep up the good work..I'm noticing were producing pip masters by the dozen
  • #618
  • Mar 5, 2009 2:08pm Mar 5, 2009 2:08pm
Quoting Islander
Thats an easy one....g nite all
so how does the last volume indicator work??
  • #619
  • Mar 5, 2009 2:11pm Mar 5, 2009 2:11pm
I'm glad with all the progress with this forum, however I think that if you do post an indicator just give a brief description of how it works, so user can become familiar with it.
  • #620
  • Mar 5, 2009 3:31pm Mar 5, 2009 3:31pm
Quoting nyse1982
I'm glad with all the progress with this forum, however I think that if you do post an indicator just give a brief description of how it works, so user can become familiar with it.
EUR/[email protected] LONG

I recognized that candle 1 had a higher H/L & H/C and decrease in volume which speaks that strength is in the background waiting to buy up the pair. The spread has decreased by nearly 50% also. All strong clues that the pair has changed direction People the pairs kind of move in direction as the same conditions occured with USD/JPY and I went long also.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart.gif Size: 90 KB
Click to Enlarge Name: chart1.gif Size: 83 KB
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