Deep in the Tape – VSA (Invite Only)

6 Ağu

This indicator is part of the “Deep in the Tape” suite and implements Volume Spread Analysis (VSA) principles to help identify potential supply and demand imbalances across price bars. The script is designed to analyze volume, price spread, bar structure, and close position relative to range to highlight common VSA patterns and their possible implications in different market contexts.

The logic includes detection for classical VSA events such as:
- Stopping Volume
- Selling Climax
- Shakeout Bars
- No Supply / No Demand
- Buying Climax
- Upthrust
- Supply Coming In
- Confirmed Test Bars

It also includes additional logic for:
- Failure signals (e.g., failed test or no supply)
- Aggressive entries before confirmation
- Clustering of high volume bars
- High/low level persistence after major VSA events
- Multi-factor entry conditions based on volume effort, spread behavior, and recent background context

Labels and shapes are plotted on the chart when corresponding conditions are met. Optional toggles allow for customizing which signals are shown.

The indicator can assist traders in recognizing key turning points, traps, or confirmations of demand/supply strength, but it does not guarantee performance and should be used with additional analysis and risk management.

This script uses no repainting techniques and evaluates all conditions in real-time.

See the Author's instructions below to get access to this package and the accompanying documentation.

Disclaimer: This script is for educational and informational purposes only and does not constitute financial advice. Trading and investing carry risk, and past performance is not indicative of future results. The author is not responsible for any losses or decisions made based on the use of this script. Always do your own research and consult with a qualified financial advisor before making trading decisions.

5 gün önce

Sürüm Notları

Added Alerts -BugFix

5 gün önce

Sürüm Notları

closing position