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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

VSA Volume Spread Analysis: No demand and accumlation 2 replies

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Learn to Trade using VSA (Volume Spread Analysis)

  • #1,141
  • Mar 15, 2009 3:16pm Mar 15, 2009 3:16pm
well i see i go away for a while and my baby is moving along just fine...im still waiting for my pc to get fixed so im working from crappy internet cafe...but nonetheless great job everyone..
  • #1,142
  • Mar 15, 2009 3:17pm Mar 15, 2009 3:17pm
Quoting BlackWolf
Master D,

So what's the UR, LR and reversal point for tomorrow's (Edit: Monday's) pairs? LOL

I think there's some good salient points you make. As I see it, VSA is as close as you are going to get to the market's heartbeat in real time and this is the appeal to me whereas many/most indicators lag. I would rather not clutter my screen with indicators that build to the point where you feel like you are sitting in the cockpit of a Boeing 757! However, I do like the Ord Volume the most. The problem with VSA trading is that you have to be able...
can u do me a favor and save these new indies from the previous thread so when i get my pc back i can try them out.
  • #1,143
  • Mar 15, 2009 3:20pm Mar 15, 2009 3:20pm
Quoting Willowgal
Nice one even though you got out a bit early.

Since I posted my trade earlier I have had a couple of people thanking me for doing this via PM ... current trade entries are surely the way to go (rather than more indicators) and the more we see, the clearer they will be understood by us all. All you really need is a volume indicator, a pair of eyes and a few rules.

Your trade and mine both had very similar reasons for entry:

A volume surge was not backed up by price move, indicating a reversal of the current 'micro' trend.

These...
this is amazing you guys are getting it, see i knew it was a good reason i started this thread...GOOD Job guys!!
  • #1,144
  • Mar 15, 2009 3:27pm Mar 15, 2009 3:27pm
Quoting BlackWolf
Ah, but Master Jedi Malcolmb, you spoke previously about the importance of analyzing "background". How would that apply here now? Not doubting you, just trying to understand.

So did I earn a Milky Bar?
Great job Malcolm I appreciate you handling the forum while I'm gone..Just to clearify people, I did start the forum lets not forget that, I do believe I also did accomplish my goal of bringning Tom Williams method to the masses, It wouldn't surprise me if by the end of the month were the #2 thread on FF..by the time we creat the EA, where going to have an army of pipsters, trading VSA blindfolded..It's amazing to see the progress this forum has accomplished. I'm working behind the scences with coders to put together an EA based on two specific setups utilizing VSA Principles.
  • #1,145
  • Mar 15, 2009 3:38pm Mar 15, 2009 3:38pm
Quoting nyse1982
Great job Malcolm I appreciate you handling the forum while I'm gone..Just to clearify people, I did start the forum lets not forget that, I do believe I also did accomplish my goal of bringning Tom Williams method to the masses, It wouldn't surprise me if by the end of the month were the #2 thread on FF..by the time we creat the EA, where going to have an army of pipsters, trading VSA blindfolded..It's amazing to see the progress this forum has accomplished. I'm working behind the scences with coders to put together an EA based on two specific...

we do not want that ... pros are monitoring ff and other forums like it ... they will do everything to make sure that we cannot make money including taking volume feed away from exchanges ..... lets keep this between us and not make it massive.


sound stupid right but VSA is a proven way to make money .... and pros really do not want that and nor do brokers as you are trading against them unless you have an ECN
Blogging daily now at www.volume.zone
  • #1,146
  • Mar 15, 2009 3:39pm Mar 15, 2009 3:39pm
Quoting SteveHopwood
Hehe. Cheers guys. I would have to be less than human not to respond to such kind words. Thanks to those of you who pm'd me.

I have read the first couple of pages of this thread with mounting excitement. Attached is my first offering; if someone has already done this then my apologies for adding something irrelevant. It is an EA and so should go in your Experts folder.

All it does is maintain a display of the Range and Volume of the previous candle, and the current Volume - saves you having to do the maths. Simply drag it onto the charts you...
I don't know if everyone saw this but I've taken the excerps from T.Williams book and basically spelled out entry and exit points for everyone. It's all here including the setups.
Attached File(s)
File Type: doc vsa[1].doc   450 KB | 1,070 downloads
File Type: doc vsa2.doc   898 KB | 1,172 downloads
File Type: doc VS3.doc   426 KB | 937 downloads
  • #1,147
  • Mar 15, 2009 3:41pm Mar 15, 2009 3:41pm
Quoting malcolmb14
we do not want that ... pros are monitoring ff and other forums like it ... they will do everything to make sure that we cannot make money including taking volume feed away from exchanges ..... lets keep this between us and not make it massive.


sound stupid right but VSA is a proven way to make money .... and pros really do not want that and nor do brokers as you are trading against them unless you have an ECN
really i didn't think they stoop that low? Good point..
  • #1,148
  • Mar 15, 2009 3:42pm Mar 15, 2009 3:42pm
Quoting malcolmb14
we do not want that ... pros are monitoring ff and other forums like it ... they will do everything to make sure that we cannot make money including taking volume feed away from exchanges ..... lets keep this between us and not make it massive.


sound stupid right but VSA is a proven way to make money .... and pros really do not want that and nor do brokers as you are trading against them unless you have an ECN
Well kind of late for that now, were #1 forum on FF!
  • #1,149
  • Mar 15, 2009 3:45pm Mar 15, 2009 3:45pm
Hello Steve,

I believe you will like this method of trading and I look forward to seeing what you come up with.

Regards,
Jeff

Quoting SteveHopwood
Hehe. Cheers guys. I would have to be less than human not to respond to such kind words. Thanks to those of you who pm'd me.

I have read the first couple of pages of this thread with mounting excitement. Attached is my first offering; if someone has already done this then my apologies for adding something irrelevant. It is an EA and so should go in your Experts folder.

All it does is maintain a display of the Range and Volume of the previous candle, and the current Volume - saves you having to do the maths. Simply drag it onto the charts you trade...
  • #1,150
  • Mar 15, 2009 4:03pm Mar 15, 2009 4:03pm
Quoting Pardy
Thanks Lubo,

I have downloaded vsa for NT, but since my net is down, can't test it till next week. Since you are using amibroker now, would you say that is a better option. Could you post the setup for amibroker together with where to get a demo platform etc, just as you kindly did for NT.

Thanks

Regards
Pardy
Here is!
I attach here new NT templates with VPA and Volume Profile with some colors modifications.
I included also another indicator for NT thas is BetterVolume (not included in templates) here is a brief description http://emini-watch.com/free-stuff/volume-indicator/, this indi show some volume pattern like VSA.

I attach also a basic templete for AmiBroker with VPA indicator (put indi to Crogram FilesAmiBrokerFormulasBasic Charts, templete where u want and call it from chart).

U can find AmiBroker here http://www.amibroker.com/, is free to try with no time limit, but don't allows to save changes.
Here is the MT4 data plugin http://www.forexfactory.com/showpost...&postcount=937 .

Some clarifications: as Malcolm said u don't need indicators to trade VSA, the only things u need is candles and volume, and know very well how VSA work. I use indicators cause i can see more quickly VSA pattern, and cause I have the habit of using them.
I do not know which platform is better, between NT and Ami, they have different qualities. Lately I start to test AmiBroker (even if I do not have a great feeling with it) cause it allows to change quickly from TF, and I can use the same data I use to trade on MT4, and it seems that the signals work well.

Lubo.

P.s. If you do not know well the VSA, the indicators are not useful.
Attached File(s)
File Type: zip NT_VPA_2.zip   47 KB | 900 downloads
File Type: zip VPA_AmiBroker.zip   5 KB | 767 downloads
If I know how, I tell You!! Few but Good!!
  • #1,151
  • Mar 15, 2009 4:06pm Mar 15, 2009 4:06pm
Quoting nyse1982
really i didn't think they stoop that low? Good point..
lets see .. they will do everything they can so that we do not make money while they take our money ,,,,,of course they will stoop that low ..lol
Blogging daily now at www.volume.zone
  • #1,152
  • Mar 15, 2009 4:41pm Mar 15, 2009 4:41pm
Quoting malcolmb14
lets see .. they will do everything they can so that we do not make money while they take our money ,,,,,of course they will stoop that low ..lol
"Took the words right out of my mouth !"
  • #1,153
  • Mar 15, 2009 4:47pm Mar 15, 2009 4:47pm
Quoting nyse1982
I don't know if everyone saw this but I've taken the excerps from T.Williams book and basically spelled out entry and exit points for everyone. It's all here including the setups.
--

Until another system tells me what "smart money is doing"--this is where am at--am staying RIIIGGHHTT heerre......

i know people want to trade manually too---but imagine having an EA that will alert you across multiple currencies when you have a potential trade-and then you can analyse yourself--Just like the Traderguider---thats candy heaven and traders can even learn faster--that's the way i see it -Folks.
  • #1,154
  • Mar 15, 2009 4:55pm Mar 15, 2009 4:55pm
Quoting taomql4
--

Until another system tells me what "smart money is doing"--this is where am at--am staying RIIIGGHHTT heerre......

i know people want to trade manually too---but imagine having an EA that will alert you across multiple currencies when you have a potential trade-and then you can analyse yourself--Just like the Traderguider---thats candy heaven and traders can even learn faster--that's the way i see it -Folks.

one good trade a day is all you need .... I only watch gj and sometime trade gu ,,, but even that is spreading myself to thin

25 pips a day .. 1.5 % risk per trade 1k to 1.8 mill in 5 years
Blogging daily now at www.volume.zone
  • #1,155
  • Mar 15, 2009 5:52pm Mar 15, 2009 5:52pm
Quoting taomql4
--

Until another system tells me what "smart money is doing"--this is where am at--am staying RIIIGGHHTT heerre......

i know people want to trade manually too---but imagine having an EA that will alert you across multiple currencies when you have a potential trade-and then you can analyse yourself--Just like the Traderguider---thats candy heaven and traders can even learn faster--that's the way i see it -Folks.


that's an indicator with alert not an EA...of course that would be helpful if one trades across multiple currencies...but first, you gotta have a solid indi that gives good signs...the whole EA talk gets many people here upset since it IS a lazy people's game. However, an indi with alerts on it is a whole different story...instances like stopping vol and testing supply can easily (for a programmer) be coded. EA's are purely mechanical...with vsa you have to SEE for yourself what is going on, how does the candle look like, how big is the volume etc etc...that's just my 2 cents...

PS. somewhere there were a great post on the topic of bringing value/edge to the masses (thank got vsa can be interpreted differently and thus traded differently)...bottom line was...if you find something that has a real value, shut the hell up about it...trading is nothing more than a heavy competition in the marketplace...just like companies competing with each other...and if you worked out some technological edge or a crazy cool product would you go out and yell about it before you get a patent on it ??...

just remember: if you win somebody has to lose...
  • #1,156
  • Mar 15, 2009 11:05pm Mar 15, 2009 11:05pm
All,

Allow me to bounce a simple suggestion off you and to all who might be interested in obtaining or posting any EA(s) on VSA...

Everything Malcolmb and others have said here is true regarding this thread being monitored. THINK people, it's a PUBLIC forum! The minute you release something as powerful as a successfully proven and tested VSA robot and post it here, you can bet your A$$ that it will be grabbed by the smart money (and the commerical EA marketing pirates), they will analyse it and then develop counter measures to attack and disable it's effectiveness.

This is why some folks here (I won't mention names so please don't ask me) have created a private and secured web site for EA development. Nyse has access to this secured and controlled web site as well and/or is free to set up his own if he so desires. It requires knowing the URL, registration, acceptance by the admin and a secured password to access it. This means you ain't gettin' in unless you have been pre-authorized and admitted.

As such, I would recommend that if you develop an EA for VSA, no matter what trading style it deploys, do NOT post it here!!! Instead, I would propose that you send a PM to Nyse (since to his credit he is the one who started this thread) and email it to him (he can give you his email address, not me). Then, Nyse can easily evauate who the posters and contributers on this thread are/have been and distribute it accordingly to everyone who qualifies. The idea is not to prevent sharing (that's what this is all about, helping each other), rather, the idea is to keep the EA out of the wrong hands.

Again, it's just a suggestion. If you have a better one, by all means post it. Your thoughts?
- Bowen (a.k.a. Wolf)
  • #1,157
  • Mar 15, 2009 11:58pm Mar 15, 2009 11:58pm
Quoting BlackWolf
All,

Allow me to bounce a simple suggestion off you and to all who might be interested in obtaining or posting any EA(s) on VSA...

Everything Malcolmb and others have said here is true regarding this thread being monitored. THINK people, it's a PUBLIC forum! The minute you release something as powerful as a successfully proven and tested VSA robot and post it here, you can bet your A$$ that it will be grabbed by the smart money (and the commerical EA marketing pirates), they will analyse it and then develop counter measures to attack and disable...
/me puts on tinfoil hat.

PS. Already ahead of you. PM for address.

Wait.... How do I know you're not part of the Commercial EA marketing pirates?
The trend always ends.
  • #1,158
  • Mar 16, 2009 12:55am Mar 16, 2009 12:55am
Quoting ShamusFamous
/me puts on tinfoil hat.

PS. Already ahead of you. PM for address.

Wait.... How do I know you're not part of the Commercial EA marketing pirates?
You don't Shamous. And that's why I won't ask you for it unless you want to send it to me on your own accord.

That's also where a good Non-Disclosure Agreement (NDA) comes into play. You and I are both in the software industry (albeit, I work for a very large SAS company that has nothing to do with trading or investing what so ever), so I KNOW you know all about those. But if it makes you feel any better, I will publicly state here that I could care less about commericalizing ANY Ea. In fact, I see no reason for it what so ever if it's a good one that you can earn more from trading it than selling it. That should be a good hint right there for those who even entertain buying them.
- Bowen (a.k.a. Wolf)
  • #1,159
  • Mar 16, 2009 1:08am Mar 16, 2009 1:08am
I found this thread interesting, maybe you will too:

http://www.forexfactory.com/showthread.php?t=70582
- Bowen (a.k.a. Wolf)
  • #1,160
  • Mar 16, 2009 3:25am Mar 16, 2009 3:25am
I am curious whether the terms used in describing previous; volumes, spreads, H/L and H/C's [those being; very low, low, average, high, very high or extreme etc.] are somewhat too subjective while we [or maybe it's just me] are consolidating a VSA trading strategy. Would their be value for at least a little while in being objective by using a % range instead, until there is more confidence in the judgments being made? I don't want to create more work for people but there is value in knowing that what you are perceiving is on the 'same page' with what you are reading. Does anyone else have a similiar concern?
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