PipTick VSA is based on the original volume Spread analysis (VSA) method. It was designed for quick and easy recognition of VSA patterns. in spite of the fact that this indicator looks quite simple, it is our advanced tool. The PipTick VSA indicator is that a powerful analytical tool that produces reliable trading signals. due to its convenience and simplicity, it is suitable for any dealer, regardless of their experience.
VSA is a volume spread analysis, which is a type of technical analysis that examines price action relative to volume. This is an established method of assessing financial markets. This approach works in all markets, as the VSA evaluates the constantly emerging imbalance between supply and demand.
More detailed information is available on the website: http://www.volumespreadanalysis.com/
PipTick VSA displays 28 patterns, divided into two groups by signs of weakness [SOW] and by signs of strength [SOS].
- The indicator displays 28 VSA patterns
- Really accurate signals
- Based on the original VSA
- Works on all timeframes (M1, M5, M15, M30, H1, H4, D1, W1, MN)
- The indicator does not redraw
- Ready for testing
- Customizable parameters (color, pattern visibility, text size…)
- Very fast calculations
- It can be used to create an Expert Advisor
- Designed for MT4 and MT5
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- MA_Period – The period for calculating the moving average
- ATR_Period – period of the ATR calculation
- Display_Legend – Enabling / disabling the legend display
- Offset – Offset of VSA pattern labels
- Text_Size – Size of the text of the indicator labels
- Show_U … Show_HB – Enabling / disabling the display of individual VSA patterns
- Color_U … Color_HB – Color of individual VSA patterns
- VSA – Number of VSA patterns by legend
For more information, visit the PipTick VSA page.
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