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Trade Using VSA (Volume Spread Analysis)

  • #661
  • Apr 12, 2009 8:05pm Apr 12, 2009 8:05pm
Thank Obaidah,

But I think we are still need to scan "the VSA pattern" to identify "the tradeable zone" (backround).

Regards.

Quoting Obaidah
something like tradeguider, still under development but i dont have enough time, the next step would be using bolinger bands to identify high and low volumes, just attack Volume Spread Analyzer to your chart.

for more information read the source code, it'll tell you better.

edit: structural change will be made later in order to make it less cpu consuming, and i'll work on fixing some signals.
  • #662
  • Apr 13, 2009 1:55am Apr 13, 2009 1:55am
I have locked out of NYSE's thread again

This guy is very dangerous and does not have a clue what he is talking about. He is trying to teach others the little that he knows , which is great but he does not seem to understand vsa very well . It is something that needs to be practiced and studied and traded with before you are bale to master it.

the other day he posted about pros accumualting on a 1 min chart over 10 min ... sure they get into billion dollar positions on a 1 min chart over a time frame of 10 min ...try looking at gj 2 hour over last 5 days that shows signs of pros accumulation

now he talks of upthrust on eu 15 min , which ios fair enough but the background has been buying for 4 days now

this guy is very misleading in his ramblings ..... trading vsa off a tickers and now he changes things ....very dangerous to follow this guy
Blogging daily now at www.volume.zone
  • #663
  • Apr 13, 2009 2:23am Apr 13, 2009 2:23am
Malcolm,

I just took at long USDJPY .... have I read this ok ?

PS ... the signals are a help to me at this stage (thanks Obaidah !!)
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-vsa-accumulation.gif Size: 39 KB
  • #664
  • Apr 13, 2009 2:27am Apr 13, 2009 2:27am
Quoting malcolmb14
I have locked out of NYSE's thread again

This guy is very dangerous and does not have a clue what he is talking about.
Sour grapes ?

Are you sure you are not just after the EA ?

  • #665
  • Apr 13, 2009 2:29am Apr 13, 2009 2:29am
Quoting Willowgal
Sour grapes ?

Are you sure you are not just after the EA ?


I want to ea to help me lose money ...lol


yes on Uj nice chart
Blogging daily now at www.volume.zone
  • #666
  • Apr 13, 2009 2:34am Apr 13, 2009 2:34am
i have postest on nyse thread in reply of his previus post and.... he had delete his post...

If I know how, I tell You!! Few but Good!!
  • #667
  • Apr 13, 2009 2:45am Apr 13, 2009 2:45am
Quoting LuboLabo
i have postest on nyse thread in reply of his previus post and.... he had delete his post...

I have no love of NYSE ... twice he has banned me cause I contradicted him ...

here is PM I sent him .. may be a bit strong and out of character for me but this guy is some kind of scam artist for sure

"you delete posts when you are wrong and screw up?

that eu sell trade you took off. ... what a load of rubbish you really are...why not crawl back into the hole that you came from

there were likely traders that took that call cause they respect you......"
Blogging daily now at www.volume.zone
  • #668
  • Apr 13, 2009 4:20am Apr 13, 2009 4:20am
Quoting malcolmb14
I have no love of NYSE ... twice he has banned me cause I contradicted him ...

here is PM I sent him .. may be a bit strong and out of character for me but this guy is some kind of scam artist for sure

"you delete posts when you are wrong and screw up?

that eu sell trade you took off. ... what a load of rubbish you really are...why not crawl back into the hole that you came from

there were likely traders that took that call cause they respect you......"
I have to agree that posts such as

"Anyone interested in learning VSA. I'm on skype nyse1982 I'm on from 5PM - 2AM est. So feel free to pm me your skype id so we can go over VSA techniques. As you can see I just had a monster day with EUR/USD"

certainly are suspicious as it is not long since he admitted he was trying to learn VSA !!

You are right - he doesn't like people disagreeing with his posts that's for sure - I got a snotty PM off him after I posted a fairly basic criticism recently.



Malcolm is our leader !!!
  • #669
  • Apr 13, 2009 4:37am Apr 13, 2009 4:37am
Quoting taomql4
http://http://www.creepygif.com/images/thumb/559.jpg
Round numbers--as in--the 00-25-50-75 price level rules---
I always heard round numbers were important, only needed to know from others' trading experience.
Quoting malcolmb14
gj moves in 50 pip increments ..... that is the one I trade
I have known this little secret of whole numbers for a long time
The above trader established this approach for good.

I offer a small refinement below:

One can view round numbers as Fibonacci's. The Golden Angle, 137.5 degrees brought around the circle gives you
137.5-0=137.5
137.5-90=47.5
180-137.5=42.4
270-137.5=132.5
360 degrees = 0 degrees, so 137.5 again
In percentages, you get 23.6, 26.4, 73.6, and 76.4 .
25 is the midpoint of 23.6 and 26.4, and 75 of 73.6 and 76.4 . in an approach that is also more accurate than the traditional view.

The Lucas number, 99.5 degrees, also work in same approach.
You get 5.28, 44.72, 55.28, 94.72. These midpoint to 50 and (0 or) 100, which are also Fibonacci percentages.

Thus you get round numbers, with an option for more precision for the 25 and 75 and for the 50 and (0 or) 100.

(Note: These numbers can also be applied as a Fibonacci fan that goes sideways thru a big run. I've used this deviation fan, often not putting in the Lucas numbers to clean up the chart.)
  • #670
  • Apr 13, 2009 5:04am Apr 13, 2009 5:04am
I used a bit of my lazy time over the holiday weekend to pull together all of the user-variable controls in the various Murrey Maths MT4 indicators that I have found in the forums. This indicator that I am posting here has user-variable controls for:

  1. P (Leave it at 64 unless you know what you are doing.***)
  2. MMPeriod (The number in minutes. Set it to zero to have the MM lines generated according to the timeframe of the chart you have active. Set it to 1440 for D1, 240 for H4, 60 for H1, etc. The MM lines will be the same on all the active chart's timeframes.)
  3. StepBack (The number of bars back that the MM calculations start from. For example, set it to 24 to see yesterday's lines on an H1 chart. When you set this to a non-zero number, an arrowhead appears under the bar where the MM calculations end.)
  4. text_shift (This allows you to change where the MM line annotations appear on the chart.)
  5. verbose (If true, then the more verbose descriptions appear on the MM lines. If false, only the level numbers like [2/8] appear.)
  6. ShowMinorLines (Set to true if you want to see the minor lines.)

*** If you DO know, please PM me - I would like to know how to use the P variable too.

G

Attached Image
Attached File(s)
File Type: mq4 MML_All_Modes_v1.mq4.mq4   2 KB | 607 downloads
  • #671
  • Apr 13, 2009 8:08am Apr 13, 2009 8:08am
Quoting Grath
I used a bit of my lazy time over the holiday weekend to pull together all of the user-variable controls in the various Murrey Maths MT4 indicators that I have found in the forums. This indicator that I am posting here has user-variable controls for:[list][*]P (Leave it at 64 unless you know what you are doing.***)[*]MMPeriod (The number in minutes. Set it to zero to have the MM lines generated according to the timeframe of the chart you have active. Set it to 1440 for D1, 240 for H4, 60 for H1, etc. The MM lines will be the same on all the active...
Excellent job Grath. The only other thing I would like to see is the addition of the grid bg colors from #00MM-TimeFrame-64 I made it so you could set the colors for both areas rather than just one but some of the other features you have combined would be nice (ie text placement)

EDIT Can you reupload. I just went to load it up and it comes up as an html error page.
The trend always ends.
  • #672
  • Apr 13, 2009 9:43am Apr 13, 2009 9:43am
Quoting ShamusFamous
Excellent job Grath. The only other thing I would like to see is the addition of the grid bg colors from #00MM-TimeFrame-64 I made it so you could set the colors for both areas rather than just one but some of the other features you have combined would be nice (ie text placement)

EDIT Can you reupload. I just went to load it up and it comes up as an html error page.
I found #00MM-TimeFrame but not #00MM-TimeFrame-64. There's quite a bit of new (to me) stuff in the one I found:

  1. Minutes/seconds to next bar + which pair is it + price on top right corner (show.text)
  2. Fractal, octave, frame and 1/8 in the comments area (showcomments)
  3. Baby50, baby33 and baby25 lines, switchable on/off
  4. Background colours, switchable on/off, colours hard-coded

From this list, is it only the background colours that you want added to the mongrel indicator I am creating?

G

P.S. I'm uploading the indicator again as requested..
.

Attached File(s)
File Type: mq4 MML_All_Modes_v1.mq4.mq4   2 KB | 584 downloads
  • #673
  • Apr 13, 2009 9:46am Apr 13, 2009 9:46am
Quoting Grath
I found #00MM-TimeFrame but not #00MM-TimeFrame-64. There's quite a bit of new (to me) stuff in the one I found:

  1. Minutes/seconds to next bar + which pair is it + price on top right corner (show.text)
  2. Fractal, octave, frame and 1/8 in the comments area (showcomments)
  3. Baby50, baby33 and baby25 lines, switchable on/off
  4. Background colours, switchable on/off, colours hard-coded

From this list, is it only the background colours that you want added to the mongrel indicator I am creating?

G

P.S. I'm uploading the indicator...


Yes just the color bg. PS attachement is still coming up as an html error.
The trend always ends.
  • #674
  • Apr 13, 2009 9:56am Apr 13, 2009 9:56am
Quoting ShamusFamous
Yes just the color bg. PS attachement is still coming up as an html error.
Weird! Trying again... with a name change.

G
Attached File(s)
File Type: mq4 MML_MultiOption_v1.mq4   25 KB | 641 downloads
  • #675
  • Apr 13, 2009 10:01am Apr 13, 2009 10:01am
Quoting Grath
Weird! Trying again... with a name change.

G

That did it. Thanks.

PS I was able to add the second bg color by just creating the mm2 color var and than replacing indigo (towards the bottom with that var.

If you want the code let me know and I'll upload it.
The trend always ends.
  • #676
  • Apr 13, 2009 11:31am Apr 13, 2009 11:31am
Never posted in this thread before...a big hello to everyone...

Anyway I see a no demand bar followed by upthrust on the 5min GJ charts. Seems she may take a quick dive...
  • #677
  • Apr 13, 2009 11:59am Apr 13, 2009 11:59am
Quoting cancunkev
Never posted in this thread before...a big hello to everyone...

Anyway I see a no demand bar followed by upthrust on the 5min GJ charts. Seems she may take a quick dive...

background has been buying all the way . I see that to and well spotted.

I am favouring buy dips in US session and maybe tokyo will sell GU ... who knows BUT GU has been strong and if tokyo decides to buy jpy then gj will hit 150
Blogging daily now at www.volume.zone
  • #678
  • Edited 1:10pm Apr 13, 2009 12:25pm | Edited 1:10pm
GJ is testing 148,500 level on droping volume....we could easily see GJ tanking down to 147.500!
Low churn, high spread on 15min TF.......
forexflash
  • #679
  • Apr 13, 2009 12:30pm Apr 13, 2009 12:30pm
Quoting FOREXflash
GJ is testing 148,500 level on droping volume....we could easily see GJ tanking down to 147.500!
High churn, low spread on 15min TF.......

gj has been acumulated for 5 days now ....

even today every dip is being bought ... we could see test of 149 before any significant retrace
Blogging daily now at www.volume.zone
  • #680
  • Apr 13, 2009 12:33pm Apr 13, 2009 12:33pm
Quoting malcolmb14
gj has been acumulated for 5 days now ....

even today every dip is being bought ... we could see test of 149 before any significant retrace
I agree...both scenarios possible!
But I would prefer my scenario to be true....why.......LoL
forexflash
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