Setup: Dynamic Trend Up
Order: Long Market Order (1.3150)
Initial Risk:Reward: 2.01
In this setup we use the dynamic trend indicator, also integrated in the alerts indicator. We aim to benefit from the immediate imbalance of supply and demand, and enter when the short-term trend is on our side.
The long trade was opened at 1.3150 and closed at 1.3188 (take-profit hit).
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Trend (short-term): UP
Market Background (mid-term): STRONG
Supply/Demand: N/A
Support (nearest): 1.2979
Resistance (nearest): 1.3144
Next Event: Empire State Manufacturing Index (1h 29m)
Next High Impact Event: CPI y/y (1d 21h 29m)
Volatility: AVERAGE (-6% avg.)
Daily Range (Expected): 1.3030 – 1.3112 / 51% of avg. daily range Completed
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We have released a new update on several of our indicators today – namely in the VSA System and News Indicator (free).
1. CHANGES: In the VSA System, a few reported bugs and typos were fixed, and the news indicator got a larger panel so that the titles are fully shown. Click HERE to check all the changes.
2. SAMPLE CODE: We also provided sample code that implements various indicators functions, in case you are looking to implement them in your EA or custom indicator.
- AT-VSA Implementation
- AT-AdvancedVolumes Implementation
- AT-AlertSystem Implementation
- AT-Congestions Implementation
- AT-Reversals Implementation
3. UPDATING: As always, you can update the indicators by either:
- Using the download button that should show on your Metatrader’s charts (with one or more indicators loaded)
- Using your download link
AT – News 2.0
We have recently launched AT – News 2.0, an update that adds the option to show more news on the chart and it comes with an improved and more compact look.
This update also fixed some bugs from the previous version, so if you are using our news indicator, make sure to download the new version for free:
» Download AT – News 2.0 for Metatrader 4 (FREE) «
INSTALLING: simply extract the ZIP file to your Metatrader’s data folder (go to File > Open Data Folder to go to this directory). Afterwards, the indicator will be available in your Metatrader under the name ‘AT-News’.
VSA Trading System
We have recently launched VSA 5.0, an overhaul to the VSA Trading System that optimized the alerts to get higher success rates and made them more actionable.
New setups from the Congestions indicator were also added, so that the system alerts you when there is strong action near a supply/demand zone.
Another big feature coming in this overhaul are closing warnings – whenever there is supply, price gets near to an important resistance, or there is weak action, the system will alert you so that you can reduce your risk.
Together with these changes, there were others to make the system easier to use and to setup. Check the VSA System changelog page for all the changes.
Users should check the updated user manual for all the info regarding each one of these features, and how to implement them in your trading. You will also have access to a ‘How to setup’ video in your user area. As always, feel free to contact us should you have any question.
Not an user yet? Try VSA demo here
I’m pleased to announce that we are about to launch the long awaited version 5.0 of the VSA system for Metatrader 4, that will improve many of the existing features and add entirely new ones. We have implemented many of the users requests from previous versions, and expanded the system to make it easier to use. With this new version, it will be easier to setup the charts, to use the alerts and to keep up with the exit signals.
Among the changes are:
- Improved algorithms on Trading Setups – the system now checks for accumulation/distribution, price action and more
- New alerts with congestion zones
- Alert closing warnings
- Alert locking
- ‘Lighter-weight’ indicators
- And more!
As always, the update will be free to existing users. Once the update is released, check for a notification on the charts or for an email.
