Possibility to ad a moving average on it. Bull bear color normal bull bear color only when current is higher than previous fake auto scale when zooming by doubling the bars. I want to share with you my volume indicator.
In a few words custom forex mt4 indicators can be described as mathematical formulas analysing price dynamics and generating trading signals. Mt4 and mt5 indicators are forex market technical analysis tools dedicated soley for metatrader platforms. It is currently one of the best or rather the most popular volumes indicator designed for metatrader trading terminal.
Unfortunately the standard volumes mt4 indicator doesn t always meet the expectations of traders so we offer you to download an alternative indicator of volumes called better volume. Can be seen at beginning of uptrend end of uptrend and. Green bar low range high volume high churn bar.
Can be seen at beginning of uptrend end of uptrend and in continuation of downtrends. Red bar wide range high volume climax bar. Here are the basic rules from the video.
Great work on coding the better volume indicator. Looking for mt4 indicator beeps when price volatile or unusual volume. Mt4 pivotpoint alarm 11 replies.
Looking for mt4 indicator. Volume on price level indicator for mt4. Does volume of mt4 show the tick volume of the market.
Volume indicator that predicts total volume of current candle 14 replies.
Best volume indicator forex factory. Volume indicators are used to determine investors interest in the market. High volume especially near important market levels suggests a possible start of a new trend while low volume suggests traders uncertainty and or no interest in a particular market. In forex volume data represents total number of quotes for the specified time period. The volume indicator forex used to read a volume in the forex market is the chaikin money flow indicator cmf.
The chaikin money flow indicator was developed by trading guru marc chaikin who was coached by the most successful institutional investors in the world. Page 3 real volume indicator trading discussion. Here is the bible. Wyckoff method of trading and investing in stocks.
A course of instruction in stock market science and technique this book is quite expansive. There s also charting the stock market the wyckoff method by jack k. Hutson less expansive this method has been reviewed by tom williams. Better volume forex indicator is no exception to this rule.
Actually any volume indicator provides the trader with the same information. The amount of money brought to the market at a particular point of time. This is the first sign that the big players entered the market and the situation may soon change dramatically.
This is the first sign that the big players entered the market and the situation may soon change dramatically. The amount of money brought to the market at a particular point of time. Actually any volume indicator provides the trader with the same information.
Better volume forex indicator is no exception to this rule. Hutson less expansive this method has been reviewed by tom williams. There s also charting the stock market the wyckoff method by jack k.
A course of instruction in stock market science and technique this book is quite expansive. Wyckoff method of trading and investing in stocks. Here is the bible.
Page 3 real volume indicator trading discussion. The chaikin money flow indicator was developed by trading guru marc chaikin who was coached by the most successful institutional investors in the world. The volume indicator forex used to read a volume in the forex market is the chaikin money flow indicator cmf.
