VSA-Stopping Volume

VSA Stopping Volume Indicator

Stopping Volume occurs when candles show decreasing body sizes (narrow spreads) while volume steadily increases.
Example chart:

As you see:

• 3 consecutive candles in same direction (all green OR all red)
  
• Body sizes (spreads) decreasing progressively: Candle 1 > Candle 2 > Candle 3
  
• Volume increasing progressively: Volume 1 < Volume 2 < Volume 3
  

This pattern indicates price absorption - increased buying/selling pressure but declining price movement, often signaling exhaustion and potential reversal.

Indicator Features

This indicator detects Stopping Volume candlestick clusters with two signal types:
🔹 BUY/SELL Signals: Generated when pattern occurs at support/resistance zones
🔹 Directional Alerts (▲-green, ▼-red): Generated when pattern occurs outside key levels



Trading Guidelines:

⚠️ Auto-drawn S/R zones are reference only - manual level plotting recommended for accuracy
📊 Best for scalping: M5, M10, M15 timeframes
🛡️ Stop Loss: Place beyond the S/R zone you're trading
🎯 Take Profit: Based on your risk management

Key Concept: Volume expansion + price contraction = potential reversal, especially at SnR levels.

Perfect for scalpers looking to catch reversals at critical zones!