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SAPSAN TRADE: Spot VSA v2

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Indicator Description: SAPSAN TRADE: Spot VSA v2

This indicator is designed exclusively for the cryptocurrency market.
SAPSAN TRADE: Spot VSA v2 is a Volume Spread Analysis (VSA) indicator built specifically for analyzing spot market data. It helps detect abnormal retail volume activity, identify volume spikes, and highlight potential bull and bear traps.

🔑 Key Features

Works with spot market data (auto-detects spot ticker if futures are selected).

Plots retail power as histogram bars.

Detects volume spikes based on SMA comparison.

Identifies Bull Trap 🐂 and Bear Trap 🐻 patterns after spikes.

Highlights intensity of retail volume with background shading.

Status line with intensity (%) and spike ratio values.

Fully customizable colors and transparency.

📊 Visualization

Histogram bars scale retail power by volume.

Colors distinguish rising, falling, spike, and trap conditions.

Dynamic background adapts to volume intensity.

Labels "🐂" and "🐻" mark potential traps.

🚨 Alerts

The indicator provides alerts for:

Strong retail volume spike.

Transition of retail power upward/downward.

Bull Trap 🐂 after a spike.

Bear Trap 🐻 after a spike.

Breach of a custom retail power threshold.

📌 Use Cases

Spotting retail-driven market moves.

Detecting unusual activity and possible traps.

Supporting classic VSA and Price Action strategies with spot volume data.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.