Results 1 to 6 of 6

Thread: ABC's of VSA

  1. #1
    Standard Member Array
    Join Date
    Jul 2010
    Posts
    14
    Thanks
    0
    Thanked 0 Times in 0 Posts

    ABC's of VSA

    Greetings all

    I was wondering if anyone has the abc's of vsa tutorials by lauren snedecker as well as theory of VSA that used to be on the tradeguider youtube channel. i only watched them half way before they were taken down. Absolutely bleeding i didn't record them.

    cheers

  2. " "
  3. #2
    Standard Member Array
    Join Date
    Dec 2011
    Posts
    18
    Thanks
    0
    Thanked 0 Times in 0 Posts
    vsa is very good for futures not fx

  4. #3
    Bronze Member Array
    Join Date
    Oct 2009
    Posts
    55
    Thanks
    67
    Thanked 21 Times in 7 Posts
    Can also work for fx but using tick volume instead of actual volume. There is high correlation between tick volume and actual volume especially at higher time frame based on paper research carried out by others.

    Only problem is the tick volume data is confined to own broker data feed. Need data feed that combined many brokers like esignal or broker that provided similar data feed. Understand that IBFX is one of them based on information from other forum.

  5. #4
    Diamond Member Array Bill Bundle's Avatar
    Join Date
    Mar 2012
    Location
    Stockland
    Posts
    680
    Thanks
    144
    Thanked 434 Times in 204 Posts
    Quote Originally Posted by luins38 View Post
    Only problem is the tick volume data is confined to own broker data feed.
    If I'm not mistaken the tick volume is a calculated value based on the Open, High, Low & Close of a bar in relation to the Open, High, Low & Close of the preceeding bar and it looks like this:

    Code:
    DEF V1 = ((HIGH - CLOSE[1]) * ((CLOSE[1]) < CLOSE));
    DEF V2 = ((CLOSE[1] - LOW) * ((CLOSE[1]) > CLOSE)) ;
    DEF V11 = ((HIGH - CLOSE[1]) * ((OPEN) < CLOSE));
    DEF V12 = ((CLOSE[1] - LOW) * ((OPEN) > CLOSE)) ;
    
    plot Data = IF (V1 + V2) > 0 
    THEN ((V1 + V2) )
    ELSE IF(V11 + V12) > 0 
    THEN ((V11 + V12))
    ELSE IF ((HIGH - CLOSE[1]) > (CLOSE[1] - LOW))
    THEN ((HIGH - CLOSE[1]) )
    ELSE ((CLOSE[1] - LOW) );
    Plot this indicator as a histogram to get it to look like a volume.
    An alternate tick volume indicator (TVI) uses the upticks and downticks to make the Tick Volume Indicator that was invented by William Blau and has been published in his book "Momentum, Direction and Divergence" (1995, page 43).
    http://codebase.mql4.com/7980.
    Last edited by Bill Bundle; 05-31-2012 at 10:00 PM.

  6. The Following User Says Thank You to Bill Bundle For This Useful Post:


  7. #5
    Bronze Member Array
    Join Date
    Oct 2009
    Posts
    55
    Thanks
    67
    Thanked 21 Times in 7 Posts
    Hi friends,

    Here is one link on article on tick volume for your understanding.
    Change all the 0 to o before activating the link.

    Regards
    John Lui

    http://www.purplepatchf0rex.c0.uk/FxTraderV0lumeArticle.pdf

  8. #6
    Diamond Member Array Bill Bundle's Avatar
    Join Date
    Mar 2012
    Location
    Stockland
    Posts
    680
    Thanks
    144
    Thanked 434 Times in 204 Posts
    Quote Originally Posted by luins38 View Post
    Here is one link on article on tick volume for your understanding.

    Regards
    John Lui
    Good article, John. Apparently, there are other names and formulas for this "simulated" volume. Stock markets are the only real sources of real volume, because of regulatory requirements. There's still some stock trading volumes that are not officially recorded and not given to the public. Thanks for the article.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •