Skip to content
All library documents

A Wyckoff VSA Trading Robot for No-Demand and No-Supply Bars

Article MQL5 code base
Read the original

Summary

This description outlines an expert advisor based on Wyckoff-style Volume Spread Analysis. It says the robot identifies potential no-demand and no-supply zones and can place market orders, with profit trailing and configurable external parameters. The author describes selling on no-demand bars and notes that the corresponding buy logic was still under development.

The post refers to a test covering September through December 2014, but supplies no readable test statistics or results in the provided text. It therefore does not establish profitability, robustness, or how the signals are defined in operational terms. It also offers no details about markets, timeframes, position sizing, stops, execution costs, or out-of-sample validation. The strategy should be understood as an incomplete implementation concept rather than a validated trading system.

Key ideas

  • The expert advisor applies Wyckoff-inspired Volume Spread Analysis to identify potential no-demand and no-supply zones.
  • It is designed to place market orders and trail profits, with configurable parameters.
  • The described sell logic responds to no-demand bars, while the buy logic was unfinished.
  • A historical test period is mentioned, but no usable performance results or validation details are included.

Tags

Technical indicatorsExecutionBacktesting

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.