FIG - Volume Spread analysis

Volume spread analysis is a very powerful tool developed by Tom Williams. Probably considered as the father of Volume spread analysis. He is a Syndicate trader who knows well about how smart moneys are playing their role.

I have developed an Indicator with Trading View called Volume spread analysis. We in FIG strongly believe that, we cannot beat or out perform institutional traders, instead we have to travel along with them . With that in mind we follow the footprints of Smart players who leave behind trails. People who are wise enough pick the trails along with us and earn descent amount of profit.

I have designed this indicator, so that it is capable of giving signals for all the phenomenon explained in the Tom Williams book.
Note The calculation of spread and volume are based on my research and analysis. To know more about me and my trading skills just follow me in trading view.

This Indicator is successful for the following phenomenon presently.

• [1] Trapped Buyers
  [2] Trapped Sellers
  [3] Stopping Volume (long)
  [4] Buying Climax
  [5] Selling Climax
  

I will be giving constant updates to indicator whenever a signal becomes successful. Other indicators are under test. so kindly disable those indicators in the settings window,. after an update you can start using other phenomenons.
Stay tuned. Follow us in (FIG)