Volume with VSA

This script is designed to identify meaningful volume activity using the principles of Volume Spread Analysis (VSA). By focusing on the relationship between price movement and volume, it highlights areas where professional traders may be active. The tool becomes especially powerful when applied to higher timeframes such as 15-minute or 30-minute charts. On these larger intervals, market noise is reduced, allowing true supply and demand imbalances to stand out more clearly. As a result, the zones and signals generated by the script tend to be more reliable and consistent. The combination of structural analysis and volume behaviour helps traders pinpoint potential trend reversals, continuation patterns, and breakout strength with greater accuracy. Overall, this script enhances decision-making by offering a clearer view of genuine market participation, making it well-suited for swing traders, intraday strategists, and anyone looking to understand volume dynamics more effectively.