Sunday, October 30, 2016

VSA No Demand & Supply MT4 Indicator With Alert.


So Traders now here i am going to share new and modified version of  VSA No Demand and Supply Indicator . The VSA No Demand and Supply  indicator is a volume spread analysis indicator (VSA) that measures the lack of demand or lack of supply in the market, indicating an imminent reversal or change in trend.

Our Previous Version miss many No demand No supply bars . So We Update Now Through this Version you will never ever miss No demand No supply bars
In order to make this more Accurate and efficient i also create Alert indicator for this purpose .
So Apply Both Indicators on Chart . Alert System will give you Prior Signal Before Current Candle Close and After Current Candle Close it Confirm Signal .
VSA Alert System

Now this version connect with Volume , Bull and Bear MT4 Indicators and On Balance Volume . 

The indicator predicts reversals based on volume spread analysis (VSA).

A Blue or light Blue arrow indicates price is moving higher, or there is a pause in the down trend.

A Red or Orange arrow indicates price is moving lower, or there is a pause in the uptrend.

**Note the indicator only prints once price has closed above/below the bar showing a lack of supply or demand based on volume. 

I usually combine this with Pivot S/R indicator , Moving average and RSI.

Here’s a screenshot of it in action:
VSA No Demand & Supply MT4 Indicator
VSA No Demand & Supply MT4 Indicator

VSA No Demand and Supply Indicator

Recommended Broker  =  XM    and  Hotforex  . 

VSA No Demand & Supply MT4 Indicator
VSA Alert System
Download VSA Alert System


               

               





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6 comments:

  1. Hi is this a good indicator for binary options? If so how do we use it.. For instance I have installed the indicator on an M5 chart - if we get the alerts "potential" and "confirmed" no supply alerts at candle close - does this mean that the beginning next candle would be a good 5m call entry?

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    Replies
    1. yes you can use on M5 chart and use for binary ... confirm signal at close candle

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    2. Great thanks! Will follow up and let you know how it goes.

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    3. Regarding the alert - What does the number after the alert mean? ex Confirmed ...,.,... "-X"referring to the X

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    4. these are codes of tradeguider master the markets book . like there are many situations of no demand bar so they divide with different codes .

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  2. thanks Ghani for such good sharing :)

    ReplyDelete