TradingView
vickyprudhvi
14 de May. de 2019 20:52

Volume Spread Indicator 

Cardano / BitcoinBinance

Descripción

Volume Spread Indicator is based on my understanding of Volume Spread Analysis (VSA). VSA is the third approach for analyzing the price of a stock, forex or cryptocurrency. VSA looks for the difference between supply and demand that are created by a professional trader, institutional players which are called Smart Money.
This Indicator shows SV(Stopping Volume), NS (No Supply), ND (No Demand), -RC( Reverse Candle). Stopping volume and No supply appearing at key support level indicates Bullish Reversal. -RC and ND appearing at key resistance level indicate Bearish Reversal. This indicator can be used as Bottom and Top.

This Indicator can be used effectively with the combination of AutoFibe indicator, Scalping sell and buy Indicator.

Stopping Volume is shown as SV
No Demand is shown as a triangle down (Red)
No Supply is shown as a triangle up (Green)
Reverse Candle is shown as -RC


Notas de prensa

update on Stopping volume.

Indicator shows SV when a current candle is green and any of the previous 2 candles had Stopping volume

Notas de prensa

Update on No Demand Indicator

Notas de prensa

Updated logic for Stopping Volume and Reversal Candle.

Stopping Volume and Reversal candle helps to determine the trend reversal at the Support and Resistance. Based on previous SV and RC, we can determine the Volume based Support and Resistance for future price action.

Notas de prensa

Added Anchor Bar and Anchor Zone
Anchor bars are formed with high volume and with wide spread or with a huge Gap. Anchor bars are exhaustive moves. These Anchor bars create Anchor Zone which acts as a Support and Resistance.

Stopping Volume or No Demand, No Supply or Reversal Candle forming near these Anchor Zones are very significant.

Default view shows High and Low zones. There is option in the settings to add Close and Open zones.

Notas de prensa

White colored Candlesticks are Anchor bar

Notas de prensa

Added Relative Anchor Volume (RAV) size option in the settings to determine the volume and spread size to for the Anchor candle.
Increasing the RAV Size reduces number of Anchor zones and decreasing the RAV increases Anchor zones
Comentarios
rocketrader
Hi there, please could I try this indicator? thanks
robinkbrown
Hello, As a student of VSA, I would like to try this indicator for a few days ?
vickyprudhvi
@robinkbrown, Pls check ur IM for details
ameet31668
HI please allow me access .
vickyprudhvi
@ameet31668, Pls check ur IM for details
utulrai449
Couid you give access to this indicator?
vickyprudhvi
@utulrai449, pls check ur Private msg for details
utulrai449
Sir,
I checked but I didn't find. Could you tell me in detail where to check for it.
vickyprudhvi
@utulrai449, check ur Private msg tab
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