Trade Using VSA (Volume Spread Analysis) | Page 75 | 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)

  • #1,481
  • May 23, 2009 3:49pm May 23, 2009 3:49pm
Hello Shamus,

Thank you for template...Clock doesnt work, all times end up on 59 like 4:59:59. Only local time is Ok but I have to refresh it by changing TF...

When I apply tpl. first time no matter what is TF it looks good but when I change TF then MML change and even I back to initial TF is not same like was when I applied it first time...

Regards
The Market pays you to be disciplined
  • #1,482
  • May 23, 2009 5:17pm May 23, 2009 5:17pm
Quoting mima
Hello Shamus,

Thank you for template...Clock doesnt work, all times end up on 59 like 4:59:59. Only local time is Ok but I have to refresh it by changing TF...

When I apply tpl. first time no matter what is TF it looks good but when I change TF then MML change and even I back to initial TF is not same like was when I applied it first time...

Regards
then reload template again and it will be ok : }
  • #1,483
  • May 23, 2009 6:24pm May 23, 2009 6:24pm
Quoting mima
Hello Shamus,

Thank you for template...Clock doesnt work, all times end up on 59 like 4:59:59. Only local time is Ok but I have to refresh it by changing TF...

When I apply tpl. first time no matter what is TF it looks good but when I change TF then MML change and even I back to initial TF is not same like was when I applied it first time...

Regards

Try checking options for allow dll inputs on that one. (p4lclock)
The trend always ends.
  • #1,484
  • May 24, 2009 3:46am May 24, 2009 3:46am
Hello Shamus and teodosy87

Nothig helped...Anyway thank you Shamus for sharing tpl...
The Market pays you to be disciplined
  • #1,485
  • May 24, 2009 5:21am May 24, 2009 5:21am
Finally someone converted the Amibroker version of VSA in some other forum...
Credit goes to Paul Gold From another forum....
Screenshot
http://www.forex-tsd.com/attachments...ere-vsa14x.gif
Attached File(s)
File Type: zip VSA_Indi_from_Paul_GOLD.zip   70 KB | 1,366 downloads
  • #1,486
  • May 24, 2009 6:11am May 24, 2009 6:11am
Quoting copi88
Below is a weekly look at GU, I think it provides an interesting picture of what is happening.
For the past couple of weeks we have had rising volume and rising prices backed by the equity markets and reflected in increasing risk appetite from investors. The Dollar has been sold off and the Dollar Index is weak and making new recent lows. It all looks very bullish.

[color=black][font=Verdana]Question is are the 'green shoots' we are seeing in the economy real or a trap set by the SM to lure investors back...
Thanks Coppi, Interesting analysis. Would you care to share your version of RSX here please? What are the other indicators you have there aprt from better vol?
  • #1,487
  • May 24, 2009 8:22am May 24, 2009 8:22am
Quoting hoichoi
Finally someone converted the Amibroker version of VSA in some other forum...
Credit goes to Paul Gold From another forum....
Screenshot
http://www.forex-tsd.com/attachments...ere-vsa14x.gif

thanks hoichoi,

is there an indicator description available ? - which forum do you mean ? if u dont want to post the source here -> pm's are welcome too
  • #1,488
  • May 24, 2009 12:03pm May 24, 2009 12:03pm
Quoting Porkpie
Thanks Coppi, Interesting analysis. Would you care to share your version of RSX here please? What are the other indicators you have there aprt from better vol?

The more I think about that analysis the more I think we might see a turn soonish. The Bull market has become so obvious now, everyone and their dog are long GU. Also looking at the daily S&P chart and it looks like its gone into a distribution phase, but I am not sure as I don’t know if I can trust the volume on the software I have. I have a Brocco demo account.

RSX, its attached. It doesn’t refresh and you have to do it manually, very annoying but I haven’t found a version yet where you don’t have to refresh.

The name says 'refresh fix' but its not. I use if just for divergence between price. I have found it most useful on the lower timeframes 5m and 3m.

If anyone has one that doesn’t require constant refreshing please could you post it.

I don’t use any other indicators besides BV1.4, CDRW and RSX for divergence. If you get a Volume Climax Up Bar (Red) alongside an up arrow from CDRW at an area of Support you can be fairly confident that it will go up. Doesnt go always go immediatly but it will go up. TF's and above. Same with the White bar and a down arrow at Resistance. I dont use it to trade often though, as I am usually in it before this happens . Dont use this if the pair is already in a trend (up or down) or as it reaches S&R as this could signal the end of the trend and not the beginning.

Recently I put the 50sma on my 5min chart as recommended by Shamus and am observing it. I put the Stochastic on that Weakly chart as I think they have relevance on charts 4H and above.

Attached File(s)
File Type: mq4 MA_of_RSX_refreshfix.mq4   4 KB | 555 downloads
Boxing clever since 76.
  • #1,489
  • May 24, 2009 12:25pm May 24, 2009 12:25pm
I had fixed this version from other post.

I believed this version still had the problem with yellow and black color when MA and RSX crossed (up and down) within million seconds. It caused by the variable cnt.
Attached File(s)
File Type: mq4 MA_of_RSX_RefreshFixed.mq4   5 KB | 536 downloads
  • #1,490
  • May 24, 2009 12:36pm May 24, 2009 12:36pm
Quoting Andrew Vu
I had fixed this version from other post.

I believed this version still had the problem with yellow and black color when MA and RSX crossed (up and down) within million seconds. It caused by the variable cnt.

a variable WHAT !!! lol
Blogging daily now at www.volume.zone
  • #1,491
  • May 24, 2009 12:50pm May 24, 2009 12:50pm
Quoting malcolmb14
a variable WHAT !!! lol
function returns a parameter? They don't call return variable? passing parameters, not variables? e.g. constant parameters, not variable where it can change.

int cnt=0;.



variables and parameters are described by one single interface: IVariable. The reson being that parameters and variables have a lot in common with each other and the appealing prospect of having a single interface to learn.

The methods that are in common are the following:

Beside the above structure, variables and parameters are completely disjoined entities and the consequence is that other methods apply only to either one or the other.
  • #1,492
  • May 24, 2009 1:03pm May 24, 2009 1:03pm
Quoting Andrew Vu
function returns a parameter?...

no you did not get it .

I am sure Shamus will pick it up .... it sounds like something else very rude !!!

hope you got my PM....
Blogging daily now at www.volume.zone
  • #1,493
  • May 24, 2009 1:04pm May 24, 2009 1:04pm
Reminds me of a story...

Little Malcolm walks into school one day to find a substitute in place of his regular teacher.

She says, "Hello class, I'm Mrs. Prussy. When you say my name class remember it has an "r" after the first letter."

The entire class says, "Hello Mrs. Prussy."

A few days later the regular teacher is still sick when Little Malcolm gets to his desk the teacher asks what her name is.

Malcolm thinks hard and the says to the teacher, "I remember it has an "r" after the first letter."

"That's right!" she coaxed.

Then after a few seconds Little Malcolm says, "Mrs. Crunt?"
  • #1,494
  • May 24, 2009 1:20pm May 24, 2009 1:20pm
Quoting sunpost
Reminds me of a story...

Little Malcolm walks into school one day to find a substitute in place of his regular teacher.

She says, "Hello class, I'm Mrs. Prussy. When you say my name class remember it has an "r" after the first letter."

The entire class says, "Hello Mrs. Prussy."

A few days later the regular teacher is still sick when Little Malcolm gets to his desk the teacher asks what her name is.

Malcolm thinks hard and the says to the teacher, "I remember it has an "r" after the first letter."

"That's right!" she coaxed....
damn .... you were sitting next to me in school
Blogging daily now at www.volume.zone
  • #1,495
  • May 24, 2009 1:23pm May 24, 2009 1:23pm
Quoting malcolmb14
damn .... you were sitting next to me in school
Mal, forgot what I said "variables and parameters". Please just ignored. Let's focus on trading, cool!
Thanks for the PM, bro
  • #1,496
  • May 25, 2009 2:07am May 25, 2009 2:07am
Chaps just got a question in regards to up thrusts - they are mentioned a lot thorughout the PDF but not once does it mention Down thrusts

In a market where we can buy AND Sell it seems logical that the opposite of Upthrusts (down thrusts) can be used as a long signal?

What am I missing here - ?

Cheers

PS lol
Time hides Nothing
  • #1,497
  • May 25, 2009 2:26am May 25, 2009 2:26am
Quoting CindyXXXX
Chaps just got a question in regards to up thrusts - they are mentioned a lot thorughout the PDF but not once does it mention Down thrusts

In a market where we can buy AND Sell it seems logical that the opposite of Upthrusts (down thrusts) can be used as a long signal?

What am I missing here - ?

Cheers

PS lol
Hi Cindy

They are called Reverse Up Thrusts.
Boxing clever since 76.
  • #1,498
  • May 25, 2009 2:46am May 25, 2009 2:46am
Quoting CindyXXXX
Chaps just got a question in regards to up thrusts - they are mentioned a lot thorughout the PDF but not once does it mention Down thrusts

In a market where we can buy AND Sell it seems logical that the opposite of Upthrusts (down thrusts) can be used as a long signal?

What am I missing here - ?

Cheers

PS lol
From memory.....like 15 years ago......Tom Williams used to call these a "Test" ( of support).....I dont know if the updated versions of his book still use this definition....
Trading Levels with WRBs
  • #1,499
  • May 25, 2009 2:53am May 25, 2009 2:53am
As this is also about VSA, this is a copy of my post elsewhere.....this is an ODL chart and the volume is clearer on my IBFX chart, but that's on my other 'puter and takes too long to set up for a post....I've also gone back to using the Sweet Spots with the 25s and 75s added on my 5 min charts. IMO more traders use these than MM lines.....


OK, so here's what I saw.....a low volume Asian Session that found support at the 5850 level, followed by three Higher Lows.

The last HL was after the wide range green breakout candle on higher volume AND supported by the up-trending 34 ema (aqua) and the hourly 20ema (dark blue) so a clear buy before FO.

5 mins after FO there was another wide range green breakout candle - this time on lower volume and there was NO FOLLOW THROUGH......so take profits and look for a retracement short after the attempted bounce failed.

As these are Frankies Hour trades, dont be greedy, be happy with 10 to 20 pips as the main move USUALLY starts after LO.....http://www.forexfactory.com/images/icons/icon12.gif
Attached Thumbnailshttp://www.forexfactory.com/attachme...1&d=1243236727
Trading Levels with WRBs
  • #1,500
  • Edited 4:16am May 25, 2009 3:57am | Edited 4:16am
Quoting Islander

5 mins after FO there was another wide range green breakout candle - this time on lower volume and there was NO FOLLOW THROUGH......so take profits and look for a retracement short after the attempted bounce failed.

As these are Frankies Hour trades, dont be greedy, be happy with 10 to 20 pips as the main move USUALLY starts after LO.....http://www.forexfactory.com/images/icons/icon12.gif
Attached Thumbnails
Hi Islander

Thanks for the analysis, your posts are always very informative. On the IBFX chart it shows a good opportunity to go short after the Wide range green candle that had no follow through that was not clear on your ODL graph.

The Wide range green candle at the green arrow is shows weakness in the market and not strength as there is no follow through as we two red candles. This is followed by two green candles with increasing volume. However the second green candle has much higher volume (see yellow arrow) yet it cannot go higher than the first green candle(Effort vs Result). This shows that the volume is selling and not buying and is further indication of weakness in the market.

So with weakness in the background the open of the red candle (at the purple arrow) is good place for a short.

A trade worth 83pips max so far.
C
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 131 KB
Boxing clever since 76.
8 traders viewing now