Where Can I Find Mt4 Volume Indicators
Metatrader 4 terminal provides a standard volume indicator called volumes which is mostly used for daytrading.
Where can i find mt4 volume indicators. Volume indicators for metatrader 4 example. Find the line that says show volumes and activate it. On mt4 you have the standard volume indicator built in.
I can find one for mt5 but not for mt4. See attached chart for differences. I know the subject of volume indicator has been dealt with alot.
Therefore if h1 timeframe is enabled in a terminal a bar displayed on the volumes indicator s chart indicates the number of ticks per hour. The volumes indicator s description states that the value of volume corresponds to the number of ticks within a price candle. Also there i have 2 custom volume indicators colored and with an average line.
I have changed it so that it isn t calculated on highest highs and lowest lows but instead uses highest close and lowest close of chart price history. One has to simply click ok and the forex volume indicator appears as a separate chart underneath the main one. This indicator helpful if know how to input the variable or have manual guide to use it.
The volume indicator on mt4 is solely based on tick volume. Volume shown on a prorealtime chart hi traders i d like to share a volume indicator which sees lots of improvemen. On launching it there are no variable to set.
Quantile based signed volume analysis the version with usual prices periods and up down quantile percentage level. 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.
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