Yes. For No Demand Bars they dont necessarily have to close at or near their highs but they should be closing higher than the previous bar. (The No Demand bar might even be a red bar). Also these bars on their own dont mean much. You must always ...

Trade Using VSA (Volume Spread Analysis)

yes perfect. see BB's post above for a short that you could have taken earlier.

Trade Using VSA (Volume Spread Analysis)

I know. I use a feed that takes volume data from a number of sources so it is a fair representation of whats going on in the market. I agree that its not entirely reliable or accurate but you arent going to get accurate volume data in the stock ...

No Brainer Trades

Nice charts BB. Those two no demand bars where also back up to a Support area 13907 that then became resistance. High Probability short off a Resistance area.

Trade Using VSA (Volume Spread Analysis)

I like VSA but really only apply it for PA analysis at S&R areas. I find it quite logical and explains Supply and Demand dynamics nicely. These high volume followed buy a low volume tests of S&R areas work out very nicely and are high probability ...

No Brainer Trades

Price Action — Here is a chart I posted on the VSA thread yesterday. Thought I would post it here and talk about the price action in relation to S&R and how it could have given you confidence to take the long trade as I know a lot of people ...

No Brainer Trades

Test Bar on GU — Here is a good example of a high and a low volume test on the 15M TF on GU today. Testing is a good sign of strength as long as there is strength in the background. Usually, a low volume test indicates that the market is ready ...

Trade Using VSA (Volume Spread Analysis)

Thanks BB, and there you go saying you dont have much experience in mt4. This is great

Trade Using VSA (Volume Spread Analysis)

Hey BB Wonder if you could help further. Awhile back Thatwasme very kindly adjusted the CDRW indicator for me so it put a couple of text boxes above and below the bar when you got an up or a down arrow. The stratergy I was developing didnt work out ...

Trade Using VSA (Volume Spread Analysis)

Thanks very much bbartha. This will be very helpfull. You can trade this on any timeframe best though is on 5,15,30 min. Above that the move is usually over by the time you enter and you need larger stops. The higher the timeframe the slightly more ...

Trade Using VSA (Volume Spread Analysis)

Maybe you can use them as exits if you want a purely mechanical system but you will do better is you use S&R. Looking at GU on 5m - 8.30GMT Sell Max 64 pips - 40 pips till first resistance at 1.6350 or 11 pips at the first purple symbol. 9.50GMT Buy ...

Trade Using VSA (Volume Spread Analysis)

No, I dont use the other CDRW symbols. I use S&R or MML's for targets and watch VSA/Price action to exit.

Trade Using VSA (Volume Spread Analysis)

Please could someone kindly code an alert between two different indicators? Not sure if this is possible, or if the two indicators need to be combined for this to happen. Unfortunalty I dont know MT4 code. Basically I would like an alert to appear ...

Trade Using VSA (Volume Spread Analysis)

Alert needed between two indicators — Hi Metatrader Wondering if you could code an alert between two different indicators. Not sure if this is possible, or if the two indicators need to be combined for this to happen. Basically I would like an ...

I will code your EAs and Indicators for no charge

Upthrust — Even though the markets where thin today (mainly because I wasnt trading ) there where some good VSA examples. Here a good example of an up thrust which we where discussing earlier. On the chart you can see leading up to the point ...

Trade Using VSA (Volume Spread Analysis)

CDRW — Try this these two. The Copi88 indicator ThatwasMe very kindly coded it for me to give me alerts when you get up or down arrows and it has some text boxs for a mechanical stratergy I was developing. You can turn them off in the settings.

Trade Using VSA (Volume Spread Analysis)

Agreed, I think this is very important. I only take VSA signals at areas of S&R. The two inconjuction result in very high % of winners.

Trade Using VSA (Volume Spread Analysis)

Hi Islander Tests and Up Thrusts/Reverse Up Thursts are different. Tests into support are on low volume, usually into an area of previous high volume selling area, which then close at or near their highs. Up Thursts (UT) and Reverse Up thrusts (RUT) ...

Trade Using VSA (Volume Spread Analysis)

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 ...

Trade Using VSA (Volume Spread Analysis)