forrestang

It is! I have a 60 min on my screen now and see what you're talking about where it pushed through. Concerning VSA, would it be unwise to initiate any shorts when such a thing occurs? To include the short I posted from this morning? Would you personally look only to the long side when you get a Push Through Supply?

I don't think I meant "artificially" the way I put it, as if something was happening that really wasn't happening. I'm unsure how they do it, could be temporary unloading some supply to check for the presence of sellers or to see if anyone is interested in continued selling beyond this point?

Is trying to pick tops/bottoms something that comes with looking at VSA? I don't want to think along those lines as I always hear it's not possible to do consistently.

The background is something I'm not akin to understanding yet, as this was relatively early and there was nothing that stood out to me. Similiarly with the second pic I posted of what happened today, I'm not sure of what the background is telling me if anything? Forrest

Ok, I get you. This short was because I was thinking buying had dried up. Is my logic correct for thinking buying had dried up? How would you confirm that selling was occurring?

About Mark Up/Down. I'm a bit conflicted about this. But as i understand it(at least the way Todd Kruegar explains it), there are four phases in the market. You have Accumulation -> markup -> Distribution -> mark down. But it doesn't sound like that's what you're referring to? It seems like you might be talking about when someone is checking for supply or demand. So say you had a Selling Climax, naturally this occurs on HEAVY volume, and an increase in the velocity of price. So price is headed down fast in furious. Now we're in the accumulation phase supposedly, where someone is accumulating supply. Now, they want as much supply as possible, and they want it from the masses. They also want people to believe the market is heading lower. So they would artificially mark prices down, in an attempt to acquire more inventory at a lower price or to trap unsuspecting shorts and shakeout any longs. You want price to be lower, supposedly this is seen after a selling climax, with a narrow range bar, with reduced volume, showing the lack of interest in selling at these lower prices. This "Test" bar would dip below the selling climax checking for supply, and trapping new shorts and breakout shorts. Disclaimer: Again i don't know what the hell I'm talking about, just trying to learn here.

Forgive me as I'm still a bit new to this, but when i say down bar, I just simply mean a bar that closes lower than the previous close. And I was thinking we'd want to see a 'no demand' bar after a buying climax, where you'd have a slight probe above the climax to see if there are still anymore buyers present before the distribution phase is over. And 'No Demand' bars occur on upbars correct? I might be thinking waaay too much into that buying climax and what a good entry is? it's possible the reason that didn't work for me yesterday was because the move up was for real, and there was no resistance over head. Actually, the highest resistance level I have is 939.00, and typically i'd want to see a climax occur around a resistance level, and I didn't have any annotated as we've reached new levels......as far as the data I have is concerned.

I'm not sure what you mean?

Disclaimer: I'm knew to VSA as well, so don't expect much. About your first part, the quote, I'm having a hard time visualizing it? I guess this is assuming a bar like in this picture? The quote said there is a wide spread, huge volume, but price did not move higher. I'm still confused as to the question, but generally, I think the market does not like WRBs. I guess, if the market heads up on high volume, then immediately falls, there can be no other explanation other than the fact that large amounts of selling was occuring, or distribution during the up move(Buying Climax). You can't see it though. Because if you plot Up/Down Volume over-layed on each other during an upmove, you will naturally see more buying than selling occuring. But immediately the market fell, so what other explanation can there be, other than we were in the distribution phase? See the other attached picture. Do you have an example we can disect?

Something else from earlier today, 2June2009:

I think the picture should be explanatory of what I was seeing at the time. This was on Monday, 1 June 2009, @ 9:05CST.

Aargh, I am now disgusted with my indicator!!! My programming skillz have failed me....:crap: I will look into it.

This is one of the few studies I've created with my limited programming ability. I'm sure there is a simple way to already do this already in TS and MC? Simply plots volume bars less than previous volume bar red.....and bars greater than previous bar blue. Volume Difference.pla

Found it!! Blu-Ray posted it a while back. Forrest

I've seen this many other places, this is just where I saw it most recently? So I'm assuming it's pretty common? -----EDIT----- Blue Ray's post: http://www.traderslaboratory.com/forums/46/various-indicators-squeeze-2fastmas-etc-3688-13.html

I didn't. Actually, the study I had before, I just grabbed what you posted, erased what I had, and pasted it in there to see what would happen. So it's got a different name is all. Compliled, and applied at EOD.

I applied it at EOD, I haven't tried it during mkt hours.

Mainly EOD, as this is just a tool I am using to go back and put arrows near trades I've taken. Just so I can look back and see what I was doing at that time.

Tams, The prolblem with over plotting is still there. I think that statement, needs an if around it, like 'if plot = true, then don't plot repeat arrrows for same time incriment'

Tams, thanks for loooking into it. I see, the part about the interval. I think that's why the first time I ran it, it plotted tons of arrows at the specified time. As it kept plotting one for every bar on my share bar chart. What do you think about resolving that issue?

Here's a pic of what it might look like with the arrow.

Kewl, I will do that as soon as I get back in front of my PC with my software as I am temporarily out of town till Prob Sunday.

I'm working on it. Someone sent me a link to this thread: http://www.traderslaboratory.com/forums/f56/arw_new-multicharts-5942.html I shouldn't have been playing with this during trading hours, cause it plotted like a million arrows, and my MC locked up....eek. Here's what I got so far: Inputs: Date1(1090513), Time1(0); Variables: Buy1(0); Buy1 = Arw_New(Date1,Time1,Low,False);

If I am marking my trades throughout the day, and would like to at the end of the day just put in a time into an ELD for buys and sells to plot either vertical lines, or arrows at the price for the current time. How would I do this? I've created ELDs for plotting S/R levels, just using the plot function, and taking "inputs" as price levels. But how would I accomplish what I am trying to do? Thanks, Forrest P.S.: Here's the crappy, crude code I made a long time ago for plotting S/R levels, so I'm wanting to do something similiar, preferably with arrows instead of lines, but either will work. Inputs: AnchorPivot1(0), AnchorPivot2(0), AnchorPivot3(0), AnchorPivot4(0), AnchorPivot5(0), AnchorPivot6(0), AnchorPivot7(0), AnchorPivot8(0), AnchorPivot9(0), AnchorPivot10(0), AnchorPivot11(0), AnchorPivot12(0), AnchorPivot13(0), AnchorPivot14(0), AnchorPivot15(0), AnchorPivot16(0), AnchorPivot17(0), AnchorPivot18(0), AnchorPivot19(0), AnchorPivot20(0), AnchorPivot21(0), AnchorPivot22(0), AnchorPivot23(0), AnchorPivot24(0), AnchorPivot25(0), AnchorPivot26(0), AnchorPivot27(0), AnchorPivot28(0), AnchorPivot29(0), AnchorPivot30(0); if AnchorPivot1 <> 0 then plot1(AnchorPivot1, "AnchorPivot1"); if AnchorPivot2 <> 0 then plot2(AnchorPivot2, "AnchorPivot2"); if AnchorPivot3 <> 0 then plot3(AnchorPivot3, "AnchorPivot3"); if AnchorPivot4 <> 0 then plot4(AnchorPivot4, "AnchorPivot4"); if AnchorPivot5 <> 0 then plot5(AnchorPivot5, "AnchorPivot5"); if AnchorPivot6 <> 0 then plot6(AnchorPivot6, "AnchorPivot6"); if AnchorPivot7 <> 0 then plot7(AnchorPivot7, "AnchorPivot7"); if AnchorPivot8 <> 0 then plot8(AnchorPivot8, "AnchorPivot8"); if AnchorPivot9 <> 0 then plot9(AnchorPivot9, "AnchorPivot9"); if AnchorPivot10 <> 0 then plot10(AnchorPivot10, "AnchorPivot10"); if AnchorPivot11 <> 0 then plot11(AnchorPivot11, "AnchorPivot11"); if AnchorPivot12 <> 0 then plot12(AnchorPivot12, "AnchorPivot12"); if AnchorPivot13 <> 0 then plot13(AnchorPivot13, "AnchorPivot13"); if AnchorPivot14 <> 0 then plot14(AnchorPivot14, "AnchorPivot14"); if AnchorPivot15 <> 0 then plot15(AnchorPivot15, "AnchorPivot15"); if AnchorPivot16 <> 0 then plot16(AnchorPivot16, "AnchorPivot16"); if AnchorPivot17 <> 0 then plot17(AnchorPivot17, "AnchorPivot17"); if AnchorPivot18 <> 0 then plot18(AnchorPivot18, "AnchorPivot18"); if AnchorPivot19 <> 0 then plot19(AnchorPivot19, "AnchorPivot19"); if AnchorPivot20 <> 0 then plot20(AnchorPivot20, "AnchorPivot20"); if AnchorPivot21 <> 0 then plot21(AnchorPivot21, "AnchorPivot21"); if AnchorPivot22 <> 0 then plot22(AnchorPivot22, "AnchorPivot22"); if AnchorPivot23 <> 0 then plot23(AnchorPivot23, "AnchorPivot23"); if AnchorPivot24 <> 0 then plot24(AnchorPivot24, "AnchorPivot24"); if AnchorPivot25 <> 0 then plot25(AnchorPivot25, "AnchorPivot25"); if AnchorPivot26 <> 0 then plot26(AnchorPivot26, "AnchorPivot26"); if AnchorPivot27 <> 0 then plot27(AnchorPivot27, "AnchorPivot27"); if AnchorPivot28 <> 0 then plot28(AnchorPivot28, "AnchorPivot28"); if AnchorPivot29 <> 0 then plot29(AnchorPivot29, "AnchorPivot29"); if AnchorPivot30 <> 0 then plot30(AnchorPivot30, "AnchorPivot30");