No Supply/Demand bars

2022년 7월 3일

The VSA (Volume Spread Analysis) definition for No Demand and No supply is as follows:
No Demand (no buyers-potential short position):

• The Volume within the candle formation again has to be lower than the volume of the previous 2 candles.
  
• The candle has to close bullish (green body) and the next candle has to close bearish.
  
• There has to be some sort of rejection (pin or wick) at the high of the candle.
  
• If the candle closed at the top it would not be a no demand candle.
  

No Supply (no sellers-potential long position):

• The Volume within the candle formation has to be lower than the volume of the previous 2 candles.
  
• The candle has to close bearish (red body) and the next candle has to close bullish.
  
• There has to be some sort of rejection (pin or wick) at the low of the candle.
  
• If the candle closed at the bottom it would not be a no supply candle.
  

Simple indicator, to show No Supply bars and No Demand bars:
No Supply bars = No S in green color
Do Demand bars = No D in red color

If No Supply/Demand bars is Outside bars, it will shown as No S/D Outside with the same color. In special case, if it's a Engufling pairs, it's will shown as Engul Up/Down with the same color.
You can chose option Filter volumes to confirm the second bar's volume higher prev bar's volume

2022년 7월 4일

릴리즈 노트

Added more Merra Merra bars:
Merra Merra candlestick pair is two candlesticks with the same trend. Where the first candle is engulfed by the second candle

Added more showing options:

• Show Outside bars
  
• Show Engulfing bars
  
• Show Merra Merra bars
  

2022년 7월 4일

릴리즈 노트

Updated new showing options:

• Show labels for each type of bars
  

2022년 7월 4일

릴리즈 노트

Updated:

• Shape pattern
  
• Shape size