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Volume Spread Analysis

0.00

The indicator gives signals according to the VSA (Volume Spread Analysis) method – analysis of trading volume in combination with the size and shape of the candle. Signals in the form of arrows are displayed after the bar closes on the main chart. The arrows are not redrawn.

  • DisplayAlert – enabling alerts, true by default;
  • Pointer – type of arrow (three options), by default 2;
  • Factor_distance – the coefficient of the arrow placement distance, by default 0.7.

The recommended timeframe is M15. Any currency pair. The screenshots show a real EURUSD transaction on M15 (from entering the transaction to taking profit) and a view of M1.

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