Tradehook.tech-MTMGBS-VSA

Volume Spread Analysis implementing Wyckoff methodology for reading market manipulation through volume, price spread, and close position relationships.

Key Features

Wyckoff methodology

Climax detection

Accumulation/distribution

Supply/demand analysis

Professional pattern recognition

About This Indicator

TradeHook.tech-MTMGBS-VolSpranalysis

Volume Spread Analysis - Wyckoff-Based Volume Patterns

Category: Volume Analysis | Overlay: No | Complexity: ⭐⭐⭐⭐⭐

Description

VSA (Volume Spread Analysis) implements Richard Wyckoff's methodology for reading market manipulation through the relationship between volume, price spread (range), and close position within the bar.

Core Patterns Detected

Pattern	Volume	Spread	Close	Meaning
Selling Climax	Ultra High	Wide	Low	Panic selling, potential bottom
Buying Climax	Ultra High	Wide	High	Euphoric buying, potential top
Churn	High	Narrow	Middle	Professional activity, reversal coming
No Demand	Low	Narrow	High	Weak rally, expect decline
No Supply	Low	Narrow	Low	Weak decline, expect rally

Best Use Cases

✅ Detect institutional accumulation/distribution
✅ Identify climactic reversals
✅ Confirm breakout/breakdown validity
✅ Spot professional manipulation patterns

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