#Strength signal
Selling climax( sc):That was the signal of huge demand from bigboy after bearish cycle
No supply bar( ns): That was the signal of supply exhaustion
squat( sq) in downtrend: The action to buy of bigboy from retail to stop bearish strength
Shakeout( sk): The trap to catch stoploss from bigboy to retailers
effort(ef): The action to push-up price after downtrend
#Weakness signal
Buying climax( bc) : That was the signal of overwhelm supply from bigboy to retail trader after Bullish cycle
upthrust( ut): The action to sell of bigboy to retailers to stop bullish strength
nodemand(nd) The soignal of demand exhaustion
There are alot of no demand Nd signals during bullish momentum! can we consider it as no supply or just ignore it.? Because both Nd and NS has low spread or pin bars with low volume compared with previous 2 volumes, but the momentum is factor to say which one it is!
priyankasingh26692
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Hello KhiemHS, First of all thank you so much for making the vsa 2 indicator. its amazing. having said that, i am having difficulty exploring the full potential of the indicator.
can you please explain the colour of the bars in it please?
Thanks