Close Position
Volume Spread Analysis glossary · Effort vs Result & Spread/Close Analysis
Definition
The location of a bar's close within its range, expressed as a percentage: Close Position = (Close - Low)/(High - Low) × 100%. It reveals who won the battle between buyers and sellers by the end of the period and is one of the three primary VSA inputs. VSA divides the range into three zones—upper third (67–100%, buyers dominated), middle third (34–66%, indecisive), and lower third (0–33%, sellers dominated)—and the close-position zone, combined with bar direction, spread, and volume, determines the meaning of every signal.
Close Position in plain English
Every bar is a tug-of-war between buyers and sellers, and 'close position' tells you which side was winning when the whistle blew — it's just where the closing price sits inside the bar's range, written as a percentage from bottom to top: Close Position = (Close - Low)/(High - Low) × 100%. If it closes near the top (upper third, 67–100%), buyers dragged the price up and finished strong; near the bottom (lower third, 0–33%) sellers won; and in the middle it was a stalemate. Picture a tug-of-war rope with a ribbon tied in the center — where that ribbon ends up shows who had the muscle. This one number, combined with the bar's direction, its height, and its volume, is what lets VSA decode the story of each bar.
Practice Close Position
Which description best defines “close location value” in this curriculum?
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