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What is the Secret Behind the Champion Forex Holy Grail?
My winning method put into my software’s code is a trading strategy which was designed to predict true direction of a financial instrument. It can be applied to all financial instruments. My indicator will help you stay on the safe side of the market in any trading session, any time of the day. There is no exaggeration in my words. This is a very powerful and reliable trading tool.
My indicator is based on Volume Spread Analysis and I put my best VSA technique into the algorithm of my software. Volume Spread Analysis or simply VSA is a proven methodology of analyzing financial markets. First developed by Richard D. Wyckoff, one of the most successful Wall Street traders of all time, in the 1900s, and perfected by Tom Williams, during the time he was a syndicate trader for 15 years based in London in the 1960s-1970s. Other very successful Wall Street traders like William O’Neill use it as well. It’s based on supply and demand, which governs any market, and not anything else: no technical indicators, no price patterns, just pure price and volume action.
Any business where there is money to be made there are professionals: Art has professional traders, poker has professional players, betting has professional betters, and likewise financial markets have professional traders. Being successful in the markets is all about following the footsteps of the ‘sharks’ of this game: market operators, pit traders, market-makers, syndicate traders and top professional traders. The purpose of VSA is to show you what the professionals are doing by analyzing the price movements and volumes, and profit with that knowledge!
VSA can be used in all markets and with different timeframes, the trader just needs a volume histogram in his price charts. In some markets like the stock market or the futures market, actual transaction volumes are available, yet in other markets – like forex which isn’t centralized – actual volume numbers are not available. However, this doesn’t mean that a trader can’t analyze foreign exchange market volumes, he must simply analyze the volume observed on each tick.
Forex volume can be represented by the amount of activity observed in each bar or candlestick. One must keep in mind that the big professional traders are heavily involved if there is a lot of activity on a candlestick. Conversely, a low level of activity means that professional traders are abstaining from the movement. Each scenario can have implications on the balance of supply and demand, thereby helping the trader identify a probable direction of the market in the short to medium term.
VSA looks for differences between supply and demand that are primarily created by the major forex players: professional traders, institutions, banks and market makers. The transactions of these professional traders are plainly visible on a chart, assuming that you’re a forex trader who knows how to read them.
My software automatically reads the charts and analyzes the price by means of VSA analysis. Even if you know nothing about VSA, you can successfully let my forex software do all the market analysis work for you.
The combination of my trading concepts provides you as a trader a significant extra edge in forex trading. And this is actually what you need to make consistent profits every month for years to come. All you need is follow the signals. That’s it!