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The .TS extension is either a video file extension of the extension assigned to thinkscript code files.
When you go to the TOS platform and click on studies you will notice a box that has import or export functions. Select import and the file.ts file that you want to import into the study section. When it gets into the editor it will tell you if you have an errors to be corrected. Those errors will be highlighted. When corrected the highlighting will disappear and you should be able to run the study.
A tremendous amount of effort went to the latest VSA study. I have just gone on line at Big Mikes' and am impressed with the blogs and attachments. Much work has been done with a lot of background information about VSA.
You can go thru the blogs for attachments that will help you. If you can tell me what you need I may have the file. I also have created several scanners that will pick up either the no demand or no supply indicator. I have attached the "Green Arrow" that stands for "Green UpArrow - Strength Confirmation Bar" scanner.
For VSA to get a high probability setup you need three VSA indicators and using Support/Resistance Levels to aid in the trade. That is based several books on the subject stated. I have done no trades yet.
Attached is the latest version of the VSA TOS version along with background information on VSA..
# Check if the close is in the Highs/Lows/Middle of the bar.
# C_RP 20100809
# original code - def x1 = if (close == low) then avgSpread else (spread /(close - low));
def x1 = if (high == low) then 2.0 else if (close == low) then 2.65 else (spread /
(close - low));
# C_RP try the line below with various divisors totalSum result in a minimum of 2.3 on a spread of 1 pip instead of using a fixed 2.3 as in the line above
# def x1 = if (high==low) then 2.0 else if (close == low) then (spread / 0.43 ) else (spread / (close - low));
# bycond2 C_RP UpClose on higher volume with all slopes down adds extra strength
def isStrengthConfirmationBar2 = (isUpBar[0] && isUpCloseBar[0] && volume[0] >
volume[1] && LongTermTrendSlope < 0 && bycond1[1]);
# Plot with green arrow
# green triangle up at bottom of the bar C_RP Green arrow up 4 * tickSize for strong strength_In_DownTrend
plot isStrengthConfirmationBarPlot = if isStrengthConfirmationBar then (low - 5
* tickSize()) else if isStrengthConfirmationBar2 then (low - 9 * tickSize()) else Double.NAN;
# green triangle up at bottom of the bar C_RP Green arrow up 7 * tickSize for strongest strength_In_DownTrend with isUpCloseBar
# plot isStrengthConfirmationBarPlot2 = if isStrengthConfirmationBar2 then (low - 9 * tickSize()) else Double.NAN;
If you place this is the custom section by adding a study filter and opening up the thinkscript editor and poppong in the code. I also select a minimum stock price about 10 to filter out the low price stock.
Run the filter and wait for results. To verify that the filter worked OK open up one of the stocks and see verify that you have a green up arrow on the Daily chart. Of course you need to have the VSA study incorporated in the chart to verify this.
Thank Hornblower for your reply! The label at the top-left corner , like this: "Test for supply", Up-thrust"...It's show for the current candle. I want to see the label for last closed candle. Thank you! (sorry my English, It's not my language )
The program provides indicators but does not flash alerts or a label in the upper left region except for current bar. I was also frustrated by this so I modified the VSA for looking at the labels at previous bars. When this program is installed change the input permeter "goback" by 1 you will be able to see the previous label. I liked to insert in as a lower study so it does not interfere with the VSA and I can compare the two. Be aware the values get shifted to the left by one for each increment of goback.
Now this code has not been modified to the latest VSA version so there are differences but when I was testing I liked to use it to check out the alerts and labels on a look back basis. Otherwise, you do not see previous alerts and label changes.
Within this thread was provided a Better Volume Indicator that considered by Volume and Price to a volume chart. Each of the volume bars on the histogram was color coded to reflect volume values in relation to price using the Volume Spread Analysis rules. Also used to support Wyckoff Tests of Accumulation.
Here is brief description of the Better Volume Indicator.
"The Better Volume indicator uses a combination of bid/ask volume and range to identify Volume Climax, High Volume Churn and Low Volume bars. Market tops are characterized by Volume Climax Up bars, High Volume Churn and Low Volume Up bars (also called Testing). Market bottoms are characterized by Volume Climax Down bars, High Volume Churn and Low Volume Down bars (Testing). Pullbacks, in either up or down trends, are similar to market topping or bottoming patterns, but shorter in duration and with simpler volume patterns. The Better Volume indicator works in all markets and for all time frames but is particularly useful for tick charts."
To better read the histogram bars I have added labels to describe the latest volume bar. Other than that, the Better Volume Indicator is not changed. This indicator works well with the latest VSA.
Let me know if any changes are needed to improve it further.
