The TradeGuider VSA Lite package is designed for those traders who want to trade in harmony with the professionals (‘smart money’) and is based on Tom Williams’ Volume Spread Analysis methodology ( VSA ). It works in any market and any time frame. The trader can use it as a standalone toolkit to support their trading decisions, or in conjunction with other trading tools to obtain additional confirmations.
The package consists of two parts:
Price bars where the volume is Ultra High very often begin the VSA Setup, while price bars on Low or Very Low Volume can be the confirmation and end the VSA Setup.
Using this indicator, users may also observe bullish (when price falls and volume decreases) and bearish (when price rises and volume decreases) behavior.
See the Author's instructions below to get access to this package and the accompanying documentation.
The package consists of two parts:
- TradeGuider VSA Lite indicator
- TradeGuider Relative Volume indicator
- Ultra High Volume
- Very High Volume
- High Volume
- Average Volume
- Low Volume
- Very Low Volume
Price bars where the volume is Ultra High very often begin the VSA Setup, while price bars on Low or Very Low Volume can be the confirmation and end the VSA Setup.
Using this indicator, users may also observe bullish (when price falls and volume decreases) and bearish (when price rises and volume decreases) behavior.
See the Author's instructions below to get access to this package and the accompanying documentation.
TradeGuider VSA Lite DIscord server: discord.gg/VeAvKqq3gs