Volume Spread Analysis for MT4

[kvellimalai]

Hi
It looks very good but how do we interpret the data?

Regards
Velli

[ericbubb]

Pity th ecode does not run now.
Love to try VSA

Originally Posted by forexflash

Volume Spread Analysis for MT4
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This is a first full VSA/VPA system for mt4.
I tried to convert tradeguider to MT4 closest I can......
I have been baned from MQL4 site for posting this after 15 minutes....wonder why..lol
I also converted VPA.afl to MT4.......read this pdf file to get to know it!
This system kick ass!!!

VSA© Better&TickSeparatVolumeH istogram.ex4
This code shows Better volume.....and also shows tick difference by orange histogram(diff between buy and sell tick volume).
I think that the rest (textual part is self explanatiory)

VSA©TickDifferenceSignals &Divergence.ex4
This code also looks at the tick volume differences.....but this time it looks
only the difference at the current bar....if the up volume is double the size
of the down volume it gives you a signal for buy(green), and if down volume is double the size of the up volume it is a sell signal(red)....
I have done some statistics and more of the 65% times when this scenario happens the trend will continue(next bar) in the same way!!!
Divergence is another doted line, and it shows a div between volume and price acording to the VSA rules!

VSA© Spread&WickHistogram.ex4
This one is simple and it shows you a bar position(upper dots) on top of
white histogram. Lower lime and red histogram shows you a wick size.
Doted gray line is average spread!

VPA_MT4.ex4
This is a conver from VPA.afl to MT4....it is the one in upper corner of the chart(textual) with pure Volume and price analysis with explanations of the bars!!!

I also attached a VPA text for you to understand how to trade this!

Regards

[Marauder]

I have been studing VSA for about a year and I get good results 54% of the time. I sometimes believe you can do better flipping a coin, but I press on becasue some of the calls I made were prety good. Like clock work after a no demand bar or test the market moves in my favor. My question to all is there a certain pair that works best with VSA.