Dark
Theme
Light
Theme
Register
Username or Email
Username or Email
Password
Password
Forgot
Signup
Forgot
Browse
Register
Downloads / Indicators
Articles
Upgrade to Elite
Unanswered Posts
My Posts
Return to Homepage
Today's Posts
Trading Reviews and Vendors
Futures Brokers Reviews
Traders Hideout (general)
Platforms and Indicators
Trading Journals
Elite Trading Journals
Psychology and Money Management
Off-Topic
The Elite Circle
Webinars
Trading Articles
Main Trading Articles Index
Article Categories
Help, Tutorials, How-To's
Traders and Trading Methods
Platforms, Tools and Indicators
Terms (Glossary)
Article Tools
List New Articles
List Recent Article Changes
Random Article
Most Popular Articles
Category Groupings
Wanted Articles
Most Linked to from Forum
Go to Page...
Quotes
by TradingView
>
Downloads
>
NinjaTrader
>
NinjaTrader 6.5 Indicators
>
Categories
Show
Search
Help
Search
title and description
keywords
Advanced Search
Winning nominations
What's Hot
What's New
New Ratings
Some Random Entries
Home Category
Login to Download
Volume Spread Analysis
Everybofy who is interested in Volume Spread analysis should use this Script. It is great for learning purposes and as tool for trading.
The Original Code is from Karthik who wrote the code for Amibroker: Here you can find the Original code:
http://vpanalysis.blogspot.com/
. He has also an excellent primer on VSA. If you can't get anymore shoot me a PM with your Email.
This Ninjatrader Script is from the Ninjatrader Forum by
Prtester
, he did an excellent job:
https://ninjatrader.com/support/forum/showthread.php?t=12908&highlight=vpa&page=6
All types of VSA signals are coded with a paintbar:
Red Square
- UpThrust bar.
Blue Diamond
- Reversal possible, yesterday was high volume wide spread up bar, but today we reached 10 days high with low close wide spread down bar.
Red Triangle Down
- UpThrust confirmation.
Lime Square
- Strength bar (either strength is showing in down trend or a supply test in up trend).
Yellow Triangle Up
- An Upbar closing near High after a Test confirms strength.
Lime Diamond
- Stopping volume. Normally indicates end of bearishness is nearing /OR/ No supply.
Lime Triangle Up
- The previous bar saw strength coming back, This upbar confirms strength.
Blue Square
- Psuedo UpThrust, A Sign of Weakness /OR/ A High Volume Up Bar closing down in a uptrend shows Distribution /OR/ No Demand.
Blue Triangle Down
- A Down Bar closing down after a Pseudo Upthrust confirms weakness.
Yellow Triangle Down
- High volume Downbar after an upmove on high volume indicates weakness.
Aqua Triangle Up
- High volume upbar closing on the high indicates strength (in short term down trend).
Deep Pink Square
- Test for supply.
Turquoise Diamond
- Effort to Rise. Bullish sign.
Yellow Diamond
- Effort to Fall. Bearish sign.
Within the chart there are three information boxes, that even give you information to the signals (great for learning), suggestion what to look for next, information for the spread, volume and trend.
Category
NinjaTrader 6.5 Indicators
Details:
Volume Spread Analysis
Category:
NinjaTrader 6.5 Indicators
February 26th, 2010
Size: 23.43 KB
Downloaded: 1111 times
Keywords:
paintbar
volume
spread
prtester
344
PandaTrader
Comments/ratings
Prtester
February 26th, 2010 05:25 PM
Well that one look exactly as my code, even the shading area that roonious help me fix, :-( too bad .
PandaTrader
February 26th, 2010 07:34 PM
You are right, sorry about that. I just saw you posted and uploaded it before him. Sorry, credits go to you then.
Thank you, Prtester
Serninja
May 28th, 2010 06:07 AM
Many thanks! Unfortunately not (yet) for NT7. Soon?
redpilot
August 13th, 2010 12:07 PM
When for NT 7? I donīt know convert it to NT7
Sort by
Date created (ascending)
Date created (descending)
Username
futures io is now NexusFi
Trading Webinars How-to's
Trading Reviews & Products
Join Markets Chat waitlist
NinjaTrader Brokerage (Broker)
Ninja Mobile Trader (Server Hosting)
Apex Trader Funding (Prop Trading)
Tradovate (Trading Platform)
NinjaTrader (Trading Platform)
SharkIndicators (Trading Software)
© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.