VSA/Wyckoff Simplified

Excellent system, only on real volume better, than on teak!
http://storage7.static.itmages.ru/i/...7430bd7846.png

The Indicator - a Sharing the deals on price level on given temporary area.
Distribution appears in the manner of histograms. The Width of the histogram on given level means, conditionally, amount of the deals, called on on her.
The Main possibilities:
TPO: showing the distribution with at a walk, equal standard period TPO-Range: showing the distribution for any chosen period, different methods of the installing the borders of the calculation adjustment to displayed information (histogram, modes, maximum) possibility to install several indicators on one graph

The Maximums of the distribution (the modes) are used as level of support and resistances.
The Indicators can not show the exact level because of inaccessibility exact data. Besides, all дилинговые centres deliver the quoting miscellaneous (the вернее, graphs) that brings about different distribution under all other equal condition. As a rule, difference small.
At determination good level searching for of the maximum mode person sense has not since there is "problem of the shadowing", when following concourse of the prices powerfully influences upon previous conversely, sometimes completely hiding him(it). Necessary attentively to study the graph and elaborate the level, having built distribution on interesting area by means of TPO-Range. Distribution on greater temporary range, as a rule, have a greater weight.
Possible use the additional ways of the support level determination and resistances. If several methodses show same level, that chance his(its) отработки above.

Description

The Indicator TPO is done graph on equal ranges on time and for each shows distribution. The Ranges can be equal only standard importances таймфреймов not below current. For instance, for H1 range can be specified as H1, H4, D1, W1, MN1.

TPO-Range works only on one range. The Borders possible to indicate one of several ways:

arbitrarily by means of vertical line to use amount of the last minutes graphics to install shift to the right border and amount of the minutes before it

At instruction of the borders on line, the bar of the right border is not taken into account in payment. This is made to when switching таймфреймов raw data and, accordingly, type of the distribution were not changed. The Bars senior таймфреймов can contain the smaller amount a bar younger, than possible was expect on payment. This occurs because of natural holes in histories of the quotings, formed because of low liquidity, as well as because of break in work. So if indicate the indicator to show the week before some bar, that time of the left border can not comply with time right. In miscellaneous дилинговых centre can be little miscellaneouses data, but, in spite of this, for count of the use in payment big amount data result is got similar.

Parameters TPO Parameter Description
RangePeriod period, only standard importances from M1 before MN1 (1, 5, 15, 30, 60, 240, 1440, 10080, 43200) RangeCount amount range
ModeStep minimum step between mode, is selected subjective for each instrument HGColor colour of the histogram
ModeColor colour local maximum histograms (modes of the distribution) MaxModeColor colour of the maximum of the histogram
Id identifier of the indicator, use importance miscellaneous for several mineses of the indicator on one graph

Parameters TPO-Range Parameter Description
RangeMode way of the instruction of the borders of the range: 0 - between two lines, 1 - last RangeMinutes minutes, 2 - RangeMinutes before right line RangeMinutes amount of the minutes for RangeMode 1 and 2 ModeStep minimum step between mode, is selected subjective for each instrument HGPosition position of the histogram: 0 - a left edge window, 1 - a right edge window, 2 - from left border of the range to the left, 3 - from right border of the range to the right HGColor colour of the histogram
ModeColor colour local maximum histograms (modes of the distribution) MaxModeColor colour of the maximum of the histogram ModeLevelColor colour level, called on on mode ModeLevelStyle style line level of the modes
Id identifier of the indicator, use importance miscellaneous for several mineses of the indicator on one graph
http://storage9.static.itmages.ru/i/...0e5dbdfcc.jpeghttp://storage1.static.itmages.ru/i/...83bae2491.jpeg

Market Profile MetaTrader
http://storage6.static.itmages.ru/i/...100c7d5b3.jpeghttp://storage6.static.itmages.ru/i/...bf7de57658.png

Рыночный профиль был разработан Питером Стайдлмэйера. Он обнаружил природное шоу рынка (объем) и представлял его таким образом (колоколообразной кривой), что объективную информацию, генерируемую рынком может быть прочитан.

Рыночный профиль использует альтернативное представление информации как о горизонтальном и вертикальном движении рынка, который производит полностью отличный набор моделей. Рыночного равновесия показано на графике с помощью рыночного профиля имеет тенденцию к формированию колокольни, как кривая повернут на 90 градусов в связи с диаграммой направленности.

Вместо того чтобы рисовать каждый отрезок времени, как бар, каждый сегмент находится в особым образом. На рисунке ниже показано, как 30-минутный гистограмма может быть преобразована в рыночный профиль (справа).

Длинный профиль показывает, что цены остаются неизменными в течение длительного времени. Это происходит, когда рынок является относительно равновесия, так как со временем, по указанной цене, было больше возможностей. Краткое описание говорит само за быстрый переход на новый уровень, что происходит, когда рынок неравновесия. Силуэт показывает соотношение вертикального и горизонтального движения и является ключом к пониманию того, что трейдеры. Рыночный профиль может показать, как, когда рынок будет двигаться от равновесия к нарушению равновесия и насколько большой это движение может быть.
http://storage3.static.itmages.ru/i/...faee49598.jpeghttp://storage4.static.itmages.ru/i/...20930dd74.jpeg

Эти индикаторы идут как дополнение к VSA!
Папка mpvl_v16.zip - содержит индикаторы Плюса (2 шт+библиотеки), показывающие накопления тиков/сделок/объемов на ценовых уровнях.
http://storage5.static.itmages.ru/i/...4b5016ed26.png

Hi Fed77,
umm this thread is about VSA. i don't think you should post stuff on Market profile/value areas. just wonder will this really piss carramch off.

anyway i found a different source for this

Just so everyone here understand about volume.

Forex has no single clearing house, so there is no way to account for all volume. Only the brokerages get true volume reports 2 days later! There is no volume in Forex. Every book by every author teaching Forex repeats this over and over.

Hence basing an entire trading style on information which does not exist live in forex is detrimental to your account!
I am rather perplexed how starter of this thread actually using MQ4 indi which only shows brokers ticks and nothing more.

Please enlighten me if I am wrong.I just don't want people losing hard earned cash based upon indi which has nothing to do with volume.

actually i think you're in the wrong thread then. should ask this on those main bigger vsa threads.

as for me. believe what you will. at the end of the day you must be profitable.

but i will add that vsa has given me what no other indicator does out there.
(even comparing market delta/ofa/market/value profile offerings.rangebar/renkobar/kajibar/heikenashi.oscillators.various pivots.candlestick lessons by steve nison.etc etc etc)
and no other macro indicator out there(having been a graduate in economics,past experience as a research analyst, etc)

vsa - it suits my style perfectly.

Fact is "volume" in Forex is your brokerage ticks.This could be very misleading.
If it works for you is fine but the principal is not there.
I'll give you an example during Asian say 5-7pm volume is low however volume indi will have huge spikes indicating massive buy and sell where in reality its the opposite.

Care to elaborate on that ...

I'll say this - Think of Your Volume Indicator as measuring the Activity and Pulse of the market . If you believe it when it's declining as the Market near close , then surely you have to believe the same Volume indicator can give usable information when the market is open ..

What I am saying is obvious. Volume as in true Volume does not exist in forex since its not centralized hence informotion it shows is only small extremely small % of overall market based upon how much business your broker does.
Your chart may show great deal of activity but understand that its limited to your brokerage exposure to market.

Understanding how market makers create killing zones spikes up and down to crash seating ducks is far more important then giving tick "volume" importance.
Promise of this thread is misleading.

you only need to see my recent posts where the market transitions from the asian hours to the LO to the UO.
you are thinking. but not seeing. nor doing. that is catatrophic behaviour as a trader. postulating and not feeling the actual scenario.

but hey this is my style of trading that suits me now having gone through the entire trading gauntlet.

may you find your own.

http://storage5.static.itmages.ru/i/...8ba595cf33.png

You rule;govern. Only обьем there is not whole market t.k beside форекса no "centre" but the market is spread on platforms(ECN) i.e if broker brings on what нибудь platform Currenex,LavaFX,Atriax or other that he can give the amounts of this platform after all glass there is there is and demands in him...and this not teak обьемы but real only not whole market.
Since on форексе no site exchange, real numerals of the traded volume inaccessible, however this does not mean that volume of the sale on exchange market inaccessible analysis.

The Volume gives information on activities market operator on each separate bar. If volume of the sale big, that трейдер can be sure of that that in this instance on the market left the large operator. But if volume small that deals are made between retail трейдерами, but operators on work at the market. There is their own signals of the correlation of the supply and demand For each scenario, which help трейдеру define the direction of the motion market on среднесрочную prospect. To форексу we address a little later.

Since VSA is an universal methods applicable to all market, she also well applicable and for all temporary range. Regardless of that, what graph uses.
So work all market! Since professional operators work at all market and on all temporary range. We have considered what this scheme on 30-minute graph acts, but situation on day or week approximately same most. Exactly also this type of the analysis shall use to форексу not only, but also to all other market.

The Universal approach.

The Approach Vaykoffa is universal and works at all market. Too most fair and for technology VSA. She works at all market and in all price range, on which трейдер has a possibility to get given on volume. On some market there is real traded volume, for instance, when the question is sale on separate action, on the other market трейдер can get given on volume, founded on teak if speech goes, for instance, about форексе. Since on форексе no site exchange, real numerals of the traded volume inaccessible, however this does not mean that volume of the sale on exchange market inaccessible analysis.
Regrettably, majority трейдеров-amateurs do not understand importances and importance of the analysis on method VSA. Possible, so occurs because of that that on this type of the analysis extremely little information, and he, as a rule, does not fall into scholastic courses on трейдингу. However try to interpret the price graph without volume like that, what buy the machine without fuel tank. To learn it is correct to analyse given on volume, necessary to remember that histogram of the volume itself contains only part necessary to you data. The Second part contains the price graph the question is ценовом спреде on given bar.

Strong points VSA


Coming from test (apropos rather successful) I came to several conclusions

1.VSA much well works at stock market of the America (IMHO the most honest from all world) in particular on NYSE
2.Работает on фьючерсах on goods
3.Не much clearly (but all work) on exchange фьючерсах and oils (since bargain greater volume outside of american session)
4.Позволяет to follow the market and quickly see change a trend.
p.s.
Since author itself That Williams writes that if no opportunity of seeing absolute volume, possible use the teak volume for analysis

*sigh*

This thread's going to hell in a handbasket

Don't worry you can continue eating candy while convincing yourself it was a beef steak all the time.
Any system should stand up scrutiny and pass otherwise being delusional does not help.

That's not what I meant, and there's no need for the snide personal comments either.

You believe tick volume is worthless, we get it. Just because you believe that doesn't make it true. I've seen tons of correlation between volume in forex and price movements, else I wouldn't be interested in applying VSA & Wyckoff techniques to it.

Sorry about my sarcasm.Could not help it.You should not worry about this thread because I ask questions etc.
If this has merit it can easily pass criticism.

I just wanted traders specially novice traders to know that just trading Volume indi on Mq4 is not enough (otherwise prepare to hand over your money)
Understanding WHY price moves(supply and demand) and WHERE it moves ( support/resistance) is critically important.
No indi is going to show that.One must look at the charts with fresh eyes.
That's all