Volume Spread Analysis (VSA) is a form of technical analysis which attempts to look into price action in relation to volume. VSA is the study of the market forces of supply and demand, and the manipulation of those forces through the psychology of crowd behavior, through examining the relationship between the quantity of volume on a price bar, the spread of the price or range of the bar, and the closing price on the height of that bar. Studying these variables establishes the equilibrium of demand and supply as well as the likely near term direction of the market.
See our indicators in action
- Add to any chart or time frame
- Based on Volume Spread Analysis (VSA)
- User defined lookback period
- User defined range
- Sound Alert
- User select draw object, colors and sizes
- 5 different VSA levels calculated
Use with Ricochet all the time. Very reliable
John A –
5 out of 5
The PullBack Alert indicator is awesome! It definitely adds to the confluence of conditions I look for to enter a trade. It is based on Volume Spread Analysis (VSA). In my opinion it takes a piece of the VSA methodology (which in its entirety is compl
Mike C –
My rules call for lots of confluence. The Pullback Alert helps greatly.
John vn –
Need to watch this – it works a lot
Good for confluence
Sam F –
Love it & use it with combo
Mark F –
A most important, especially with the Rico confluence tool. When it appears, I look at it as a Big Boy “Hanky-Panky” bar.
Andy R –
Nice for confluence
Ralph L –
When I Bunt traded I liked Rico Dots (set up using Pullback Alert)
Bob R –
Complements the toolset.
Robert S –
i rely on it more now than i did before. iam anxious to hear how you are going to enhance this indicater. i underestimated it until i started using it consistentaley and then i found out how well it works
franklin barber –
Pullback alert gives me the confidence to enter trades with additional confirming data.. it’s a great algo for your trading atsenal…
Stanley P. –
More of a volume indicator, have to keep reloading, not much help.
Also somewhat underrated, but very effective pullback indicator utilizing VSA
Bill M –
Integral part of the NRS trade. Without it, I would have fewer set-ups.
Graham K –
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Michael W –