Someone has already made a couple of indicators based on VSA (Volume Spread Analysis) before but they weren't updated or rather, fine tuned.
Below I have attached an indicator called "High Volume Spike Reversal Indicator" that was made by davem1979 and JustLurkin on TL but it would be nice to have a graphical green/red arrow alert with text instead of a giant bar that appears on top of the candlesticks, otherwise, the system itself is good and doesn't need any change in my opinion.
I have attached another indicator that was made by PivotProfiler and Blu-Ray but they made it for Tradestation, it's called "VSA No Demand / No Supply" and it would be awesome if someone could translate it into NT. Also, as with the "High Volume Spike Reversal Indicator", it would be awesome if the price alerts were shown as a Graphical green/red Arrow but with text ofcourse, to show some variation.
After this is done, would it be possible to merge both of them into one and have the option to turn each of them off/on please?
I know it's a bit demanding but I have no knowledge of programming but if I did, I would have done this myself and posted it on the forums for everyone. Thank you and have a nice day .
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