The VSA Text

Author:

chayutra sriboonruang

The indicator is base on "volume spared analysis". It shows the vertical text to indicate

• upthrust,
• no demand bar,
• stopping volume,
• no supply bar
• reverse upthrust.

The indicator should use together with any kind of volume indicator and the support and resistance indicator.

The external input parameters

• SpreadPeriod : this is for calculating the average of spread, 20 as default
• VolumePeriod : this is for calculating the average of volume, 20 as default