Analytical VSA Trader - Trading with Volume Spread Analysis

Hello,

You can visit the website here http://www.analyticaltrader.com, and try a free demo (top-right corner). I'm just implementing the Reversals demo in that form, since before it was only available in the MQL store, so you may want to wait a day or 2!

Regards

On Brexits leave decision, EURUSD went down as was expected, fueled by the fear of an economic downturn in the Eurozone. I consider the reaction, 4% less value when trading Euros for Dollars, was somewhat exaggerated however; if Brexit is to have a negative effect on the economy, it will be on the medium/long-term, as the process of UK leaving the EU will be slow, and the trade deals between EU and UK are still in place. As to what institutional traders are doing... Read more http://www.analyticaltrader.com/eurusd-daily-after-the-brexit/

Hi Leonardo,
How do you use VSA and the volumes to filter sinals from the Alert System? How do you integrate the reversals on trading with VSA?

Hello Anthony and welcome to the thread,


1) How do you use VSA and the volumes to filter sinals from the Alert System?
VSA and volumes are already integrated in Alert System (the indicator already looks for them), though in some strategies such as SR/s, Alert System also points out that the trader to look out for contrary VSA/Volumes signals, which could invalidate the setup. For example, if there is a strength near a support on the last 50 bars, but recently there has been significant supply shown by VSA, or high volume climatic bars, I would avoid taking a long.

2) How do you integrate the reversals on trading with VSA?
Reversals look for volatility reversal patterns, and so I use them both for entries and exits. If I'm entering solely on a strong VSA signal for example, I like to see a reversal arrow nearby for strength confirmation.

Dynamic trend: Turned down
Background: W1 weak; D1 weak
Phase: Mark down

In point 1 the bearish signal is a top reversal. Volume is very high. VSA showed major supply. Read more EURUSD - Mark down

Dynamic trend: Down
Background: W1 – weak; D1 – weak
Phase: The market is downtrending after significant distribution on the last top (mark down)

In point 1 there was an Up‐thrust with very high volume (climax). The next bar was a down bar with high volume, which confirmed selling (weakness) in point 1. VSA showed major supply on timeframe H1 and H4... Read more http://www.analyticaltrader.com/usdj...-distribution/

I Mr Leonardo , thanks for the response, i have a few questions to ask you if you don't mind to answer and help this little fellow.

Do you have any Trading Blog or page where i can watch you graphichs?
What pairs do you think are more suitable to do trading with your indicator?
Does tick volume works with this system?

Thank you in advance,
Best regards

Anthony Bieral.

Hi again,

- Yes you can visit the blog here: http://www.analyticaltrader.com/blog/
- It can be used in any pair.
- The indicator works with tick volumes

Feel free to reply should you need any other clarification.

Thank you my dear Leonardo ,
I found your website really interesting and usefull. I applied to the Demo Version of your product.
I will contact you here if i need some more information on my journey of trying to have nice earning and profits on this forex world.


Best Regards,

Anthony Bieral

Mr Leonardo

​i've read your last blogpost at:

and i have some questions:

http://www.analyticaltrader.com/euru...-distribution/

what is a top reversal bar?
Why does it show weakness ?
what is a up-thrust?


Best regards,



Anthony Bieral

Hi Anthony,

Those are good questions, we should clarify these terminologies better on the next posts.

A top reversal bar is formed by 2 candles: a wide up bar, following by a wide down bar, roughly of the same size. This shows supply because:
1. the volumes were high
2. if the first bar was demand, why would prices fall like that right after?

(and that's also why it shows weakness)

An upthrust is a bar which makes a higher high than the previous ones, and closes on the lows. This is a fake-out movement which usually hunts some stoplosses and leads traders to go long on a breakout (in the lower timeframes) - it's another supply pattern bar.

Hope that was clarifying!

Since the last analysis, EURUSD did make a downtrend after the news event, but the volumes dried up, and a rally began. On the 2nd correction, there was yet another consolidation on low volume, and the price would break the long-term resistance at 1.123 in the London session. Since the breakout, the market... Read more EURUSD Sluggish Rally – Follow-up Analysis

This is the third of a series of posts about EURUSDs trend. In last Mondays analysis, the point [1] was regarded as the selling climax. However, the subsequent down-bars had reduced volumes and narrow spreads and further No Supply in point [2] showed the lack of interest on lower prices from the Smart Money... http://www.analyticaltrader.com/euru...ysis-with-vsa/

We've been doing several updates on the website lately:

New Articles:

1. Do Tick Volumes Work in Forex?
2. Glossary of Terms

New blog post:

On the daily timeframe there was bullish activity (signs of accumulation). In point 1 there was Selling Climax on a very wide range and very high volume. In point 2 there was a Test with a high volume... Yens Trading Range Is It Accumulation Going On?


Upcoming:

 

1. There's an exciting new indicator coming, which after a long time of development I feel it's ready to be released
2. Trading user manual
3. Updates on the existing indicators

UJ looked like this when I entered (i went long) on the test, closed all on the churn in the top... It was last thursday

How it looks now. Way different ! What a close before the Yellen Announcment

Hey there,

Yes that shakeout before the news would have hit you lol. Im holding a long on UJ in the daily, got in the good side of the news, but nevertheless, it wasn't that big of a movement in the daily

According with the previous analysis, the volume's "type" changed from demand to supply. Also, according with the previous analysis, on the level of the breakdown of 1.124 it was a great opportunity for sell on TF M15 with ratio risk: profit of 1:4. Suggested Strategies... Read in EURUSD Multi-timeframe Analysis - Downtrending after Distribution

On the previous week post about the Yen, we noticed that there was consistent buying in the hourly chart, and that a dip into the lower part of the range would give a long opportunity. This happened, and right in the next London session!
On trading ranges showing VSA buying signals, like we note on the trading guide, you can also wait for a breakout of the trading’s range high... Read more Yen’s Rally after Accumulation – What to Do Now?

I’m happy to announce that our newest indicator ‘Congestions’, is finally ready, and launched for Metatrader 4! This indicator is specialized in finding slow supply and demand patterns, that appear over a range of bars – these are the congestion bars.

Based on the found congestion bars, after a market price confirmation, the indicator starts drawing a demand zone (for demand congestions), that extends into the future. These are zones where large traders are in control, since they represent the prices where they most recently bought the market heavily. Upon reaching these zones, price is expected to react by reversing quickly and/or show more demand, or if there is no significant reaction, a breakout can probably be traded.
Feel free to browse through the indicator’s page to find out more.



Full Package
We also released the ‘Full Package‘, which includes all the indicators in the website + templates with pre-configured alerts for each type of situation, and a guide on how to use this full package in trading.



Try our Demo
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Should you have any question, feel free to contact us.