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VSA Volume Spread Analysis


The indicator gives signals according to the VSA (Volume Spread) method
Analysis) – analysis of the 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 the alert, true by default;
  • Pointer-the type of arrow (three options), by default 1;
  • Factor_distance – the coefficient of the arrow placement distance, by default 0.7.

The recommended timeframe is M15. Any currency pair.

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