Trade Using VSA (Volume Spread Analysis) | Page 39 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trade Using VSA (Volume Spread Analysis)
Exit Attachments

Trade Using VSA (Volume Spread Analysis)

  • #761
  • Apr 16, 2009 10:06pm Apr 16, 2009 10:06pm
okay--we are almost there---for those that wanna entertain themselves---you can watch some late night candle dancing--

HEY i get my thrills anyway i find them---

GOOD night---and yeah the buggatti is still on my mind--that is what keeps me going---YOU?
Attached Image (click to enlarge)
Click to Enlarge Name: volt.gif Size: 59 KB
  • #762
  • Apr 16, 2009 10:20pm Apr 16, 2009 10:20pm
Quoting malcolmb14
aww cute ....
-

i know i can't make you look like that on a nightly basis===the force is still strong with you(you know too much) ---lol

my sis says hi--lol
  • #763
  • Apr 16, 2009 10:39pm Apr 16, 2009 10:39pm
Quoting taomql4
-

i know i can't make you look like that on a nightly basis===the force is still strong with you(you know too much) ---lol

my sis says hi--lol
you make me cry cause you said you were going to introduce me ...lol
Blogging daily now at www.volume.zone
  • #764
  • Apr 17, 2009 12:10am Apr 17, 2009 12:10am
Quoting sledge
Is this new chart also for the MT4 version of the Better Volume Indicator ?

Or does the mt4 Version need to be updated ?
No reason to change the "old" version of better volume. Never change the winning team it says. Looks like they did some minor changes, but i'm happy with my better volume mt4 indicator. Waste of time to do coding here, i say. Other opinions here?

cheers robBroker
  • #765
  • Apr 17, 2009 12:14am Apr 17, 2009 12:14am
Quoting ShamusFamous
Great job Grath. The only wierd thing is the time frame display. I was hoping to have the MM TF (period) displayed on the chart not the chart TF.

This way I can easily see which TF the MM is set to and use multiple mm tfs on different charts and know immediately which is which.

I hope this makes sense and I thank you and appreciate your efforts.
Actually this is very easy to do. Just add the tf period to the string name (e.g. [3/8] 60m) or if it's done through variables do it there.
I hope i could help
cheers robBroker
  • #766
  • Apr 17, 2009 1:12am Apr 17, 2009 1:12am
Quoting robBroker
This is the updated document about the better volume indicator. Didn't really check about any important changes. Looks like before, regarding the informations.
But anyway, have a look.
I also attached a small pic from the document, which i liked. A summary of the different indicator colors and what they mean. :-)

cheers robBroker

source: http://emini-watch.com/free-stuff/volume-indicator/
This question is to any better volume indicator guru: How would you describe the range [H - M - L] and the bar [U - D] of the magenta bar?
  • #767
  • Edited 11:57am Apr 17, 2009 11:37am | Edited 11:57am
its lightsout--No trading on fridays for me--hey--you gotta leave time to party sometimes---But why do i feel am missing something--lol--even in the dark--i can see someone just climaxed--
Attached Image (click to enlarge)
Click to Enlarge Name: lightsout.gif Size: 27 KB
  • #768
  • Apr 17, 2009 11:48am Apr 17, 2009 11:48am
For those that can't stand the market closing over the weekend---here's your Practice kit--if needed
Attached File(s)
File Type: zip tradesimulator.zip   823 KB | 1,307 downloads
  • #769
  • Apr 17, 2009 3:33pm Apr 17, 2009 3:33pm
Quoting taomql4
For those that can't stand the market closing over the weekend---here's your Practice kit--if needed
The zip file link is not working...

Have a great weekend everyone.
The trend always ends.
  • #770
  • Apr 17, 2009 3:35pm Apr 17, 2009 3:35pm
Quoting robBroker
Actually this is very easy to do. Just add the tf period to the string name (e.g. [3/8] 60m) or if it's done through variables do it there.
I hope i could help
cheers robBroker

Thanks for the idea. I'm going to experiment with some different things this weekend. I'll post results if they are worth posting.

Cheers.
The trend always ends.
  • #771
  • Apr 18, 2009 4:21am Apr 18, 2009 4:21am
Quoting ShamusFamous
The zip file link is not working...
Have a great weekend everyone.
It does for me

Quoting ShamusFamous
Thanks for the idea. I'm going to experiment with some different things this weekend. I'll post results if they are worth posting.
If you like I can do it for you, but I don't know which indicator you work on. And isn't it easier to use two mml indicators (the same one, but with different name) with different tf settings? You only have to add the tf period. You don't want to use more than 2 tf, do you?
The problem I see is, it could eat up the computers memory. I didn't check it.

cheers
robBroker
  • #772
  • Apr 18, 2009 9:11am Apr 18, 2009 9:11am
Shamus, I took on board your comment about showing the MMPeriod (what you called timeframe in your comment, I think) on the screen. If you are going to link this from the front page, I'll repeat the overview here:
The 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. If it's non-zero, the MM lines will be the same on all timeframes. The default is set to 60.)
  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.)
  7. color.frame (Set it to true for your favourite background colours.)
  8. ShowTF (Set it to true if you want to see the MMPeriod setting writ large.)
  9. TFCorner (2 is bottom left corner, 1 is top right, 0 is top left.)
  10. TFColour (So you can see the TF setting on white or black backgrounds.)
  11. mml_clr_etc (They all let you change the MM line colours)
  12. mml_wdth_etc (They let you have thicker/thinner lines.)
  13. MarkColor (Colour of the arrow that marks the last calculated bar when you have StepBack turned on.)
  14. MarkNumber (217 is the arrow head. Play. Have fun.)

Attached File(s)
File Type: mq4 MML_Multi_Option_v1.2.mq4   27 KB | 643 downloads
  • #773
  • Apr 18, 2009 3:22pm Apr 18, 2009 3:22pm
Quoting Grath
Shamus, I took on board your comment about showing the MMPeriod (what you called timeframe in your comment, I think) on the screen. If you are going to link this from the front page, I'll repeat the overview here:
The 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....
Excellent update Grath and it worked (download link) first time too lol.

The only thing I'm not sure on with this version is if the color bg moves with each bar. In the last version it didn't but cannot test this one until the market opens. Hope you are having a great weekend.
The trend always ends.
  • #774
  • Apr 18, 2009 4:18pm Apr 18, 2009 4:18pm
... and I'm reading through Master the Markets.

I've noticed some ideas that probably could not be applied to both stock and currencies. An example would be when the smart money accumulates all/most of a stock to a point where the resistance to higher prices has been removed from the market. It seems this couldn't really happen with currencies.

The point of my post is that I'd prefer not to learn, and then unlearn those principles that aren't applicable to forex. Since, I'm a new trader, I don't know that I've got the discernment to always tell the difference.

Are there many facets of VSA that don't apply to currencies? I'm just looking to file the information in the right folders in my mind as I begin to learn.

Also, I'd like to spend time simply watching a currency to see how it behaves relative to volume. If there is any reason that one currency might be better for a rookie to watch than another, I'd appreciate any suggestion.

Lastly, I've read so many different opinions about the quality of volume data from different brokers/data sources, that it's got my head spinning. Any input on where to get the data would be greatly appreciated.

If my questions are too primitive to post here, please let me know, and I'll move to the Rookie Forum.

Thanks Kindly
  • #775
  • Apr 18, 2009 8:58pm Apr 18, 2009 8:58pm
Quoting taomql4
Brilliant question--Free your mind babatot--let me try and explain it--the best way i know how--i don't care what it is--BEANS,olive oil(i don't care)if it as a candle stick--spread and volume--VSA will snitch--

ALL VSA does is tell you about DEMAND and SUPPLY and when things are likely to change--SO until Supply and demand leaves the market--VSA is here to stay

In the market, you have short term traders-midterm traders-long term traders( SM's--big syndicates..big instituitions(bernie madoff.lol)--YOU)AT some price level- most agree its...

nice post ... but the not so noticeable channel made me chuckle . If you understand accumulation and distribution you will spot those channels a mile off .....aka gj 149.6 to 146
Blogging daily now at www.volume.zone
  • #776
  • Edited Apr 19, 2009 12:42am Apr 18, 2009 10:07pm | Edited Apr 19, 2009 12:42am
i was referring to smaller timeframes(one minute--lol--i think i need googles sometimes---i remove the post--anyways--i think people should just read alittle--its way better--if most traders agree that VSA takes place in all timeframes--then the one minute chart shouldn't be an exception--right? let me then--take it alittle further--what about tick charts----

And if one insist on multiple timeframes to look at VSA---what about multiple tick timeframes--

{quote malcomb}i tell you this......smart money do not accumulate on a 1 minute chart!!!!{quote}

am trying to mess with you malcomb--i know- you don't personally like looking at smaller timeframes-
  • #777
  • Apr 18, 2009 10:21pm Apr 18, 2009 10:21pm
Guys
try using VSA in 2m TF
  • #778
  • Apr 18, 2009 10:33pm Apr 18, 2009 10:33pm
Quoting hoichoi
Guys
try using VSA in 2m TF
Oh oh====
  • #779
  • Edited 12:44am Apr 19, 2009 12:16am | Edited 12:44am
Quoting hoichoi
Guys
try using VSA in 2m TF

Hey--as long as you are trading the Wrong way--Buy when everybody is selling and SELL when everybody is buying-- you should be fine-------
  • #780
  • Apr 19, 2009 1:13am Apr 19, 2009 1:13am
Quoting taomql4
i was referring to smaller timeframes(one minute--lol--i think i need googles sometimes---i remove the post--anyways--i think people should just read alittle--its way better--if most traders agree that VSA takes place in all timeframes--then the one minute chart shouldn't be an exception--right? let me then--take it alittle further--what about tick charts----

And if one insist on multiple timeframes to look at VSA---what about multiple tick timeframes--

{quote malcomb}i tell you this......smart money do not accumulate on a 1 minute chart!!!!{quote}...

I look at 60 min down and trade off 3 min .... if I do not know what the pros are doing on the 60 min then I am trading blindly. I never try to trade against them. Friday was only 2 trades 140 pips in 2 hour off a 3 min
Blogging daily now at www.volume.zone
24 traders viewing now