VSA - No Demand/No Supply & Squats - Page 2

02-12-2008, 06:57 PM

Blu-Ray

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Trader Specs

Join Date: Nov 2006

Location: England

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VSA - No Demand/No Supply & Squats

A special thanks to PivotProfiler for providing the code for VT, unfortunately I volunteered to translate it into Tradestation. Three weeks later and I'm finally finished. Apologies for the delay but Tradestation doesn't allow future referencing which the code did, so I had to individually make it backwards compatible.

For example VT code :

c>ref(c,+3) had to become c[3]>c in EasyLanguage............. ....and doing this for over 150 plots...

Click here to read the entire release

__________________
Remember - Take the path of least resistance.

#10 (permalink)

By dandxg on 02-20-2008, 07:55 PM

Re: VSA - No Demand/No Supply & Squats

Hi Blu Ray, thanks so much for converting them. I do plan to donate to your time if I use the code. I have a question for you. Since this is Easy Language will it work with both TS and Multi Charts? I have used neither so far, but looking at them. I would think so because both use EL? Currently I use Sierra Charts so I am attempting to do due diligence before making a forklift upgrade to a new charting platform. Thanks again.

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#11 (permalink)

By Blu-Ray on 02-21-2008, 04:58 AM

Re: VSA - No Demand/No Supply & Squats

	Quote:	dandxg
	Hi Blu Ray, thanks so much for converting them. I do plan to donate to your time if I use the code. I have a question for you. Since this is Easy Language will it work with both TS and Multi Charts? I have used neither so far, but looking at them. I would think so because both use EL? Currently I use Sierra Charts so I am attempting to do due diligence before making a forklift upgrade to a new charting platform. Thanks again.

Thanks dandxg, I believe it should work with MultiCharts as well, hopefully a MultiCharts user here could confirm this.

Cheers

Blu-Ray

Thanks: 92

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#12 (permalink)

By Greycells on 02-21-2008, 08:09 AM

Re: VSA - No Demand/No Supply & Squats

Thanks Blu-Ray

43 different variations of no demand/supply, hardly a KISS system. As the indicator fires off only after 1 to 3 bars, this is a confirming system after you have done your analysis and entered your trade. Is this what TG offers as software?

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#13 (permalink)

By Blu-Ray on 02-21-2008, 08:22 AM

Re: VSA - No Demand/No Supply & Squats

	Quote:	Greycells
	Thanks Blu-Ray 43 different variations of no demand/supply, hardly a KISS system. As the indicator fires off only after 1 to 3 bars, this is a confirming system after you have done your analysis and entered your trade. Is this what TG offers as software?

Yes there are 43 different variations, but just from my observation there's normally only 2 that will fire off ( No Demand/supply 3 & 14 ).

Also you are right, these are NOT buy/sell signals, just an aid to help out with the correct analysis. ( thrunner posted some links for explanations here)

I believe it is something very similar to what TG offers, however when PP made the original code he might have added/removed some variations.

Hope this helps

Blu-Ray

Thanks: 92

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#14 (permalink)

By januson on 03-06-2008, 02:43 PM

Re: VSA - No Demand/No Supply & Squats

hi Blu-Ray

Thank you for this nice piece of work, I'm using it daily. However the dots are somewhat misplaced and I've looked into the code to investigate it.

Could you please tell me the reason for calculating the following:
HT=Low - NumberofTicks*mintick;
LT=High + NumberofTicks*mintick;

HT? LT?
Shouldn't the dot just be placed right under lowest or upon highest and if more than one dot then displace it accordingly?

Have I missed something here?

Once again, thank you for your time!

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#15 (permalink)

By Blu-Ray on 03-06-2008, 05:18 PM

Re: VSA - No Demand/No Supply & Squats

	Quote:	januson
	hi Blu-Ray Thank you for this nice piece of work, I'm using it daily. However the dots are somewhat misplaced and I've looked into the code to investigate it. Could you please tell me the reason for calculating the following: HT=Low - NumberofTicksmintick; LT=High + NumberofTicksmintick; HT? LT? Shouldn't the dot just be placed right under lowest or upon highest and if more than one dot then displace it accordingly? Have I missed something here? Once again, thank you for your time!

Hi januson

It should plot the dot above the high or low, depending on which one fired. The reason for the LT & HT were so that you could put the dot x amount of ticks above the high. If I were to just put it above the high, then depending how big you want the dot, it can cover up the high, so when you're doing analysis you then have to click on the bar to find out the true high, rather than a visual look at it.

If you want it on the high/low then just set the number of ticks input to 0.

Hope this helps

Blu-Ray

Last edited by Blu-Ray; 03-07-2008 at 04:46 PM.

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#16 (permalink)

By garp on 03-06-2008, 05:51 PM

Re: VSA - No Demand/No Supply & Squats

	Quote:	dandxg
	Hi Blu Ray, thanks so much for converting them. I do plan to donate to your time if I use the code. I have a question for you. Since this is Easy Language will it work with both TS and Multi Charts? I have used neither so far, but looking at them. I would think so because both use EL? Currently I use Sierra Charts so I am attempting to do due diligence before making a forklift upgrade to a new charting platform. Thanks again.

Yes, it works well in Multicharts.

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#17 (permalink)

By januson on 03-07-2008, 05:43 PM

Re: VSA - No Demand/No Supply & Squats

hi again..

I'm using MultiCharts and I think the dots are misplaced, for some strange reason they are flying to high or to low. But it's nothing to do with your code, I've just created a support question at TS Support as it must be a bug in MC.

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#18 (permalink)

By Blu-Ray on 03-07-2008, 06:20 PM

Re: VSA - No Demand/No Supply & Squats

	Quote:	januson
	hi again.. I'm using MultiCharts and I think the dots are misplaced, for some strange reason they are flying to high or to low. But it's nothing to do with your code, I've just created a support question at TS Support as it must be a bug in MC.

Hi januson

Yes I think you're right about MC, as I've had another member mention the same problem. Unfortunately I don't have MC to test out the fault, however it seems to be working fine in TS.

Cheers

Blu-Ray

Thanks: 92

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#19 (permalink)

By thrunner on 03-07-2008, 07:42 PM

Re: VSA - No Demand/No Supply & Squats

	Quote:	Blu-Ray
	Yes I think you're right about MC, as I've had another member mention the same problem. Unfortunately I don't have MC to test out the fault, however it seems to be working fine in TS.Blu-Ray

Thanks for the indicator, BR. The problem with MC may be with scaling to symbol setting.
By default the scaling of a MC indicator is to screen, which is something TS doesn't do.

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