[kuky969]

Eiger
thank you very much for your free lesson. It is excellent .

[Tasuki]

Originally Posted by sevensa »

I am using MultiCharts, but the code should compile on TradeStation.

Yes, it does work in Tradestation version 8.6 build 2525.
Very nice indicator. thanks, sevensa.

[Mini J]

Originally Posted by teodosy87 »

I just wanna say thank you for opening this new thread!I hope that it will be as successful as other 2 : }

I second that..
Anyone trade forex here? I just found this forum and haven't finished reading VSA I or VSA II..

Thanks

[BlowFish]

You will discover the answer to that as you read through the threads! Don't be fooled by what people tell you, there is no volume reported on forex, People happily (and successfully apparently) use tick volume as a proxy for volume. Be aware it is only actually a proxy for order book activity so you get ticks without trades taking place. For example If I best bid then cancel it this will cause ticks without a trade taking place. So in short why pick an instrument where there is no volume reported when there hundreds of thousands where there is?

[Mini J]

Originally Posted by BlowFish »

You will discover the answer to that as you read through the threads! Don't be fooled by what people tell you, there is no volume reported on forex, People happily (and successfully apparently) use tick volume as a proxy for volume. Be aware it is only actually a proxy for order book activity so you get ticks without trades taking place. For example If I best bid then cancel it this will cause ticks without a trade taking place. So in short why pick an instrument where there is no volume reported when there hundreds of thousands where there is?

Did you mean to trade others than forex?
I saw people trade successfully in forex with VSA at another forum..but the forum didn't have much info coz they were focusing on indicators..

[BlowFish]

Of course its up to you but why trade using a method that relies on volume with probably the only instrument that does not have volume reported?

[monad]

Originally Posted by Mini J »

Did you mean to trade others than forex?
I saw people trade successfully in forex with VSA at another forum..but the forum didn't have much info coz they were focusing on indicators..

If you are keen on trading currency why not trade Currency futures (CME) a regulated market and where true vol is reported, VSA principles will work just as well and the moves will be in line with forex, only less spikey.

[BlowFish]

Originally Posted by monad »

If you are keen on trading currency why not trade Currency futures (CME) a regulated market and where true vol is reported, VSA principles will work just as well and the moves will be in line with forex, only less spikey.

Absolutely. Not only that they have recently introduced mini futures (which I hear are picking up in liquidity) which would suit those with smaller accounts.