PROTECTED SOURCE SCRIPT
VSA Candles (duy)
Indicator Description: "VSA Candles (duy)"
“VSA Candles (duy)” is an indicator based on Volume Spread Analysis (VSA) — a well-known method in price action analysis.
It helps traders identify the strength and weakness of Smart Money activity by analyzing the relationship between price spread (bar range) and trading volume.
Main Features
Automatic Volume Classification
Calculates average volume (Volume MA) and classifies each bar into 6 levels:
Ultra High, Very High, High, Normal, Low, Very Low.
Users can choose between Single (simple 2-color mode) or Multiple (multi-color mode) for better visual representation of volume strength.
Automatically Detected VSA Signals on Chart
- Selling Climax (SC) – Marks the end of a strong selling phase, often appearing before an upward reversal.
- No Supply (NS) – Indicates lack of supply, often signaling bullish continuation.
- Shakeout (SO) – A trap move where Smart Money pushes the price lower to absorb buy orders.
- Bag Holding (BH) – Smart Money accumulation near the bottom after a heavy sell-off.
- Buying Climax (BC) – Marks the end of a strong uptrend, often followed by a bearish reversal.- - No Demand (ND) – Indicates lack of demand, signaling weakness in an uptrend.
- Top Reversal (TR) – Candle pattern showing potential top reversal.
- Up Thrust (UT) – A false breakout to the upside, signaling distribution.
- Thrust (T) – Strong push beyond previous swing, may indicate distribution or absorption.
- Two Bar Reversal (BR) – Classic two-bar reversal pattern.
User Customization
Volume MA – Enable/disable option, adjustable length, customizable color.
Volume Color Mode:
Single: Two simple colors (Up/Down).
Multiple: Six dynamic volume levels for clearer identification of Smart Money strength.
Website: https://indicatorbottrade.github.io/home/
Donate: Sacombank HO KHANH DUY [0672 1110 1998]
“VSA Candles (duy)” is an indicator based on Volume Spread Analysis (VSA) — a well-known method in price action analysis.
It helps traders identify the strength and weakness of Smart Money activity by analyzing the relationship between price spread (bar range) and trading volume.
Main Features
Automatic Volume Classification
Calculates average volume (Volume MA) and classifies each bar into 6 levels:
Ultra High, Very High, High, Normal, Low, Very Low.
Users can choose between Single (simple 2-color mode) or Multiple (multi-color mode) for better visual representation of volume strength.
Automatically Detected VSA Signals on Chart
- Selling Climax (SC) – Marks the end of a strong selling phase, often appearing before an upward reversal.
- No Supply (NS) – Indicates lack of supply, often signaling bullish continuation.
- Shakeout (SO) – A trap move where Smart Money pushes the price lower to absorb buy orders.
- Bag Holding (BH) – Smart Money accumulation near the bottom after a heavy sell-off.
- Buying Climax (BC) – Marks the end of a strong uptrend, often followed by a bearish reversal.- - No Demand (ND) – Indicates lack of demand, signaling weakness in an uptrend.
- Top Reversal (TR) – Candle pattern showing potential top reversal.
- Up Thrust (UT) – A false breakout to the upside, signaling distribution.
- Thrust (T) – Strong push beyond previous swing, may indicate distribution or absorption.
- Two Bar Reversal (BR) – Classic two-bar reversal pattern.
User Customization
Volume MA – Enable/disable option, adjustable length, customizable color.
Volume Color Mode:
Single: Two simple colors (Up/Down).
Multiple: Six dynamic volume levels for clearer identification of Smart Money strength.
Website: https://indicatorbottrade.github.io/home/
Donate: Sacombank HO KHANH DUY [0672 1110 1998]
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.