Vsa For Mt4
I also recoded vpa afl code to mt4.
Vsa for mt4. This is definitely my best code ever and it kicks ass. The vsa text indicator for metatrader 4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Volume spread analysis is basically a tool to discover the correlation of price in relation to volume in order to determine the short term outcome of price action in other words where the market might be moving next.
There are a few vsa labelled mt4 indies over at ff and there s one expired one that can be worked around but frankly they are not very good. The vsa text indicator is based upon what is known as the volume spread analysis indicator. The vsa text indicator for metatrader 4 is a metatrader 4 mt4 indicator and the essence of the forex indicator is to transform the accumulated history data.
The color of vsa histogram bar is white. Vsa histogram bar shall mean the element of the vsa indicator which shows volume spread and color that explains the particular market situation. This is a try to conver tradeguider to mt4.
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