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...
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...
This indicator is based on Volume and Price spread analysis developed by tom williams. It shows following indicators based on price range and volume data Bearish Indicators 1. Buying climax 2. End of Rising Market 3. Upthrust 4. Smart selling 5. No Demand 6. VDD Bullish Indicators 1. Selling Climax 2. End of falling 3. Stop Volume 4. Reverse Upthrust 5....
This counts the number of up or down thrusts over the previous N days and creates a total (up thrust - down thrust) to produce the graph. It also optionally will include "run days" as part of the same count. The idea is that it gives you an indication of the strength of the current trend (and can possibly help you spot it reversing ;)) For more on thrust days...
Falcon highlights "Thrust Days" A thrust day (as defined in Jack D. Schwager's book - A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles) is as follows: "An upthrust day is a day with a close above the previous day's high, while a downtrhust day is a day with a close below...