ATM Bar Validation Indicator

While analysing instruments, you can often see unexpected price behaviour. For example, on the right side of the chart, there is a widespread, high-volume up bar closed around its bottom. In VSA such bars are interpreted as a major sign of weakness and after corresponding confirmations, VSA traders would anticipate a down move. But prices rally instead.

One of the reasons this happens is because of the way smart money is acting on that bar which is not recognisable from analysing the timeframe itself.

Using lower timeframes, the ATM Bar Validation Indicator helps traders understand what professionals are doing during the bar. It provides you with the following information:

The location of the biggest volume spike of the bar

The location of all smaller volume spikes in the pre-configured range of the biggest volume spike of the bar

This indicator saves traders from jumping between charts to interpret professional activity and reducing time and effort.