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Volume Plus and VSA Signals for MT5

35 USD

Demo downloaded: 125

Published: 28 July 2023

Current version: 1.16

Volume Plus and VSA Signals for MT5

Name: Volume Plus and VSA Signals for MT5
Price: 35.00 USD
Rating: 5 (1 reviews)
Author: Ngo Huu Hai

Indicators
Ngo Huu Hai
Ngo Huu Hai
Viet Nam

1887
4.3 (3)
8 products
Version: 1.16
Updated: 3 June 2025
Activations: 10

The Volume+ and VSA Signals indicator for MT5 is based on the Volume Spread Analysis (VSA) methodology to provide the signals. The signals are displayed at closing of bars on the main window or subwindow in the form of symbols. The symbols are not repainting.

The indicator produces a signal on an individual bar and this signal is not buy or sell signal. When a minor trend goes in the opposite direction of a major trend, there are sequences of major trend-following signals that give a higher probability of a minor trend change.

What is VSA?

See www.VolumeSpreadAnalysis.com

Features

Each signal has a tooltip that displays the name and time of appearance.
All types of alerts (sound, pop-up, email, mobile push notification) are available.
Works with all pairs (forex, metals, indices, stocks, cryptos,...).
Works on all timeframes (21).

Legend

The legend details are provided in the screenshots.

The indicator contains 13 SOWs (Signs of Weakness) and 13 SOSs (Signs of Strength).

SOW	SOS
Upthrust	Shakeout
2-Bar Upthrust	2-Bar Shakeout
Selling Pressure	Buying Pressure
Climactic Buying	Climactic Selling
Buying Climax	Selling Climax
Topping Out Volume	Stopping Volume
2-Bar Topping Out Volume	2-Bar Stopping Volume
Little Buying Pressure	Little Selling Pressure
No Demand	No Supply
Test Of Demand	Test Of Supply
Weakness Coming In	Strength Coming In
End Of A Rising Market	End Of A Falling Market (Bag Holding)
Top Reversal	Bottom Reversal

The Volume+ indicator can be effectively used for detecting imbalances in supply and demand. It improves on the typical volume histogram by coloring the bars. Bar colors (colors are customizable):

Neutral	DimGray
Wide Spread Bar on High Volume	MediumBlue
Narrow Spread, High Volume	MidnightBlue
Wide Spread, Low Volume	ForestGreen
Narrow Spread, Low Volume	DarkGreen
Very/Ultra Wide Spread, Low Volume	LimeGreen
Narrow Spread, Ultra High Volume	Purple
Very/Ultra Wide Spread, Ultra High Volume	Maroon

Input parameters

VolumeType - Volume type (tick or real)

VolumeMAPeriod - Volume Moving Average Period

SpreadMAPeriod - Spread Moving Average Period

LookBackBars - Bars to analyze.

StrengthColor - Color of the SOS symbols.

WeaknessColor - Color of the SOW symbols.

SymbolWidth - Width of the symbols.

DistanceFactor - Distance rate for the symbols .

Window - Select the window to display the symbols.

DisplayLegend - Display the legend.

StrictMode - Use strict conditions to recognize signals.

Display alerts (pop-up) when a signal appears.

Send alerts via email when a signal appears.

Send alerts to mobile when a signal appears.

Play sound alerts when a signal appears.

Name of the sound file.

Select the signals that will be alerted when they appear

Show/hide signals on the chart.

more...

Screenshot #1 Volume Plus and VSA Signals for MT5

Screenshot #2 Volume Plus and VSA Signals for MT5

Screenshot #3 Volume Plus and VSA Signals for MT5

Screenshot #4 Volume Plus and VSA Signals for MT5

Screenshot #5 Volume Plus and VSA Signals for MT5

Screenshot #6 Volume Plus and VSA Signals for MT5

Screenshot #7 Volume Plus and VSA Signals for MT5

Screenshot #8 Volume Plus and VSA Signals for MT5

Screenshot #9 Volume Plus and VSA Signals for MT5

Shab53 2024.03.08 17:40 #

Thank you for making life easier for VSA traders.

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This is a multi-timeframe indicator that detects and displays support and resistance (S&R) lines using the ZigZag indicator. Features The support and resistance lines are not redrawing. The indicator is capable of adding new support and resistance levels as they appear. Each S&R line has a tooltip that displays the price level and start time. Save time for multi-timeframe analysis on trades. All types of alerts (sound, pop-up, email, mobile push notification) are available. Working with all p

30 USD

This is a multi-timeframe indicator that detects and displays support and resistance (S&R) lines using the ZigZag indicator. Features The support and resistance lines are not redrawing. The indicator is capable of adding new support and resistance levels as they appear. Each S&R line has a tooltip that displays the price level and start time. Shows the start time, price level and number of touches of all S&R lines when pressing the shortcut Shift+I Save time for multi-timeframe analysis on tr

30 USD

The VSA Scanner Dashboard is a multi-symbol, multi-timeframe scanner that displays VSA signals. It is based on the Volume Plus and VSA Signals indicator. Features Displays the VSA signal of the last closed candle. Monitors 28 customizable instruments (symbols) and up to 21 timeframes at the same time. Easily arrange symbols in any order. Each signal has a tooltip that displays the name and time of appearance. Click on each signal to open a new chart. All types of alerts (sound, pop-up, email,

39 USD

This indicator is designed for scalping Gold, BTC, US30, GBPUSD, and can also be used on any financial instrument. It does not repaint, erase past signals, and it is not lagging. The indicator is a combination of two well-known indicators: Bollinger Bands and TD Sequence. It has a relatively high win rate; however, it is not a complete system and should be used in conjunction with other indicators to filter noise, increase the win rate, and is intended for experienced scalpers. Always set reaso

39 USD

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Shab53 2024.03.08 17:40 #

Thank you for making life easier for VSA traders.

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Reply from developer Ngo Huu Hai 2024.03.13 15:35 #

Hello Shab53, Thank you very much for your review.