Volume Spread Analysis

How do I replicate your chart or andy's especially the narrative on the bars explaining background activity to the volume movement?

Trading indicators for the system

EURUSD - Long @ 133.57
Green Mark Upbar

Gold Long @ 1682
Blue Mark Upbar
New attempt as last one failed.

S&P500 Long @ 1410
Blue Mark Upbar

Hi Andy That's great. Many thanks.

Hey Andy, I see you haven't posted in a while how is everything going?

Listen, I know of someone building a VSA EA using these rules. Can you give an y suggestions on this?

check #1. bar
if (Sonic GREEN bar) and (VSA TEXT = "Reverse UPTHRUST" or "NO Supply Bar" or "Effort To Move Down") = buy signal
order was opened when (price> bar #1 high) with (SL = bar#1 low) during the next 3 bars.

if (Sonic RED bar) and (VSA TEXT = "No Demand Bar" or "Effort To Move Up" or "UPTHRUST") = sell signal.
order was opened when (price < bar #1 low) with (SL = bar#1 high) during the next 3 bars.

Trailing stop 30 pips

Hi Andy.

Like the indicator and thankyou, is this changed much from the original ForexFlash work?

Also how do I set the candle colours to be the same as the volume bars as thats a great idea.

Appreciated

hi DB

can you pls explain me what the coloured portions of the betetr volume bars mean per bar?
especially the gold portion below the bar?

yes i have read the doc but its so unclear...
i really need a dumber guide

thanks.

BETTER VOLUME INDICATOR DESCRIPTION

Red bar - wide range, high volume (climax bar). Can be seen at beginning of uptrend, end of uptrend., and in continuation of downtrends.

Green bar - low range, high volume (high churn bar). Can be seen at beginning of uptrend, end of uptrend, and continuation of downtrend.

White bar - low volume, high range (low churn bar). Can be seen at bottoms, tops, and continuation of uptrend.

Yellow bar - low volume, low range. Seen at similar places to the low churn bar(white bars).

Magenta bar - Climax volume plus High volume churn - both the conditions are rare.


Topping Patterns:

1) Climax bar (red) followed by high churn bar (green). II

2) High churn bar (green) followed by climax bar (red). II

3) Low churn bar (white) followed by low volume, low range bar (yellow). W Y

Bottom Patterns:

1) Low churn bar (white) followed by high churn bar (green) then climax bar (red). W G R

2) Low churn bar (white) followed by low volume, low range bar (yellow) then climax bar (red).
W Y R

3) High churn bar (green) followed by climax bar (red). G R

Continuation Patterns:

1) Low churn bars (white) as well as low volume, low range bars (yellow) can be a sign of a continuation of an uptrend. Around pullbacks in price. W Y

2) High churn bars (green) followed by climax bars (red) can be a continuation of a downtrend.
G R

TYPE

VOLUME

CLIMAX

HIGH VOLUME CHURN

CLIMAX & HI CHURN

LOW VOLUME CHURN

LOW VOLUME

BOTTOM

YES

YES

YES

START UPTREND

YES

UPTREND CONT.

YES

YES

TOP

YES

YES

YES

YES

START DOWNTREND

YES

DOWNTREND CONT.

YES

YES

YES

COLOUR

RED

GREEN

MAGENTA

WHITE

YELLOW

thanks.

Hello there! Great thread you have here and thanks for sharing your info. I was directed here in because of a more accurate volume indicator. u are using sonic but I see better volume referred to in many places could you tell me which is it or from experience which is better. Im learning a new way to trade the big shorts but from your examples your system can enable one to trade the big longs that lead to those big shorts. so it would be a great asset if I could u could show me how to use vsa interpret accurately and make pips.
thanks a lot

Dear friends, who share the MT4 HLC Bar indicator? Thank you!

Hi,
Dirtybrown !

Could you please share the indicators you are using? Is it the semafor used in additttion to VSA?
I am in need of help, please explain
Regards,
Ravi

hi, what happened to this thread? looks like a genuine vsa thread

Is this thread dead?