I spent some time today making a chart. It shows all the TG VSA...

I spent some time today making a chart.
It shows all the TG VSA Indicator Names.
Earlier in this thread I suggested that TG overcomplicates things a bit by having so many different names for indicators, and this confuses some of the people attempting to learn this analysis. I don't know why they did this.....

So anyway, the chart is split down the middle into two. On the left are the Indicators that show 'Signs of (potential) Weakness - SOW , and on the right are the Signs of (potential) Strength SOS.

--And from the top down, in the first box at the top are the two indicators considered to have the maximum strength, SOW- End of a Rising Market, and, SOS - Bag Holding, (you are unlikely to come across these indicators very often....perhaps if ever...as they are quite rare). I have seen the TG software throw them up from time to time, but pretty much all of them (or at least most of them) do not completely meet the rules, and their strength should have been discounted.
--Then below that are the various Climactic Action Indicators, both strong and weak......these are much more common and are what you will regularly see as a serious signs of strength or weakness. Although they have all these different names, they are generally all saying the same things, and with 'generally' similar strength. Perhaps the only differences between them are that some are looking at single bar, where others are looking at the action of two bars combined.
--And below that are the Warning Indicators, these are generally not as strong as those above, but are serious enough that they may move a trend to sideways.

And all these so far, I consider to be the Primary Indicators

--Then below that are the Secondary Indicators......which can also be thought of as 'confirming' indicators (they are used to confirm the primary indicators).
These indicators do have some strength in their own right (particularly depending in the trend), but are generally used in conjunction with the stronger indicators at the same time.

Finally, all that said, you need to be flexible in your thinking....I'll be saying this a fair bit - so get used to it.......so in some circumstances a shakeout on very high volume (for instance), may need to be considered to have more strength than would normally be the case, so they are not all Fixed into these positions, you need to use your own judgement at times (from experience) and move them if necessary.

Now, the way I think about all these indicators, especially when explaining VSA/Wyckoff to people for the first time, is to simplify them to just 'signs of strength, and signs of weakness', and then divide them into 'primary indicators, and secondary indicators', just four in all (there is also a case for breaking up the primary indicators into Climactic and Warnings, but to begin with, only having four simplifies it nicely).

So have a look, and comment if you like.

We will be looking at most (or all) of these indicators as we move on.

cheers

thanks glads...