Trading VSA the way NSK does

Quoting ns_karthik

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Hi Kinsale,
glad to see you here....i guess u have indeed jumped the gun a little bit....just allow me a few more posts to explain what i am trying to and then maybe we can discuss whether we do it the same way or different...i do agree that the concepts are going to be the same, whoever trades it but the things that u look for varies from trader to trader. For eg., i do not see NS, ND etc...i just enter when i believe its the right time...what i do is pretty simple application of VSA....easy for newbies to grasp....for those who have indepth knowledge...

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Quoting ns_karthik

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Now, here is the way it is traded and i will try and put it in as simple words as possible...everyday, during the frankfurt and beginning of London session, you will see that there would be a rise in volume...that can be noted using the MA....in case there is no increase in volume, then there is something wrong...it could be a ranging day or no one is sure what is going to happen and hence we might have a choppy day...so if you dont see a clear increase in volume (MA sloping upwards), its better you stay out..

When the volume increases, note which...

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Quoting ns_karthik

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Now, here is the way it is traded and i will try and put it in as simple words as possible...everyday, during the frankfurt and beginning of London session, you will see that there would be a rise in volume...that can be noted using the MA....in case there is no increase in volume, then there is something wrong...it could be a ranging day or no one is sure what is going to happen and hence we might have a choppy day...so if you dont see a clear increase in volume (MA sloping upwards), its better you stay out..

When the volume increases, note...

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Quoting ns_karthik

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well i was more interested on what was happening at around 8-9 GMT...

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Quoting Stumpy1

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Hi can someone please post the bettervolume indicator for MT4 so I can try out this interesting method?
Regards
Ralph

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Quoting malcolmb14

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err... had to comment on this

when volume increases and prices rises at frankfurt / london open this DOES NOT mean that sellers are there always. The only way that supply maybe hitting the markets is if the volume is abnormally high when compared to prior days at the particular time you are trading.
I have reviewed your posts and it has NOTHING to do with vsa perse. If you are going to try and mentor others at least understand what it is your are teaching , as newbies will be going off with the thoughts that they know vsa and in reality it is...

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Quoting arunsideas

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Hello friend ....

Your strategy has a potential ....

[ I have coded this strategy in Multichart like

Conditions

Timeframe: 1H

For Long:
1). MA of Volume Up [5 Period]
2). MA of Close UP [5 Period]
Stop Loss : 40 pips
Take Profit: 30 Pips

For Short:
Just Reverse Long

Without News Filter ]

I just looked for Drawdown ... It has only 5% Drawdown

Just base strategy showing positive results, that has more room to improve...

If we use some news filter and exit options other than fixed TP can hike results....

Attachment 678990

Regards

Arun....

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Quoting billbss

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Arun, I think you coded it in the reverse of the system rules.

If price and volume are up from 0800-0900 GMT, you go short.

If price is down and volume is up, you go long.

Am I mistaken?

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Quoting Pardy

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Hi Arun,

How's things? I think Billbss is right, if you look at what nsk is saying, when volume is up and price is up, there is selling going on, therefore go short and vice-versa with respect to price direction.

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