Volume : The Truth of Secret !! - page 35

 

Even though there is no volume in Forex, tick volume is quite similar to the one found in currency futures.

You can also do your analysis on the corresponding future and trade in Forex, just compare them.

 

Tick are just showing how cyclical intraday the market activity is. Tells nothing on the direction

 

volume divergence markers

volume_divergence_markers.mq4

 

BetterVolume 1.5 Alerts nmc

 

iBetterVolume

This is Better Volume Indicator for MT4, an old stuff that has been updated to latest MT4 build.

This indicator improves on your typical volume histogram by categorized the bars volume based on following criteria :

1. Volume Climax Up: high volume, high range, up bars

2. Volume Climax Down: high volume, high range, down bars

3. High Volume Churn: high volume, low range bars

4. Climax Churn: both the above conditions (High Volume Churn and Volume Climax Up or Down or Volume Climax Down)

5. Low Volume: low volume bars

6. Greater Than Prev 2 Bars: when there are no volume signals(1-5) and volume is greater than previous 2 bars volume

7. Less Than Prev 2 Bars: when there are no volume signals(1-5) and volume is less than previous 2 bars volume

8. Neutral Volume: when there are no volume signals(1-7) n there are no volume signals(1-5) and volume is less than previous 2 bars volume 8. Neutral Volume: when there are no volume signals(1-7)

This Better Volume indicator can send you popup alert, email alert and push alert/notification when volume climax, high volume churn and climax churn occurred. You only to turn it on from indicator inputs.

Files:
 

macd_and_volumes indicator

macd_and_volumes.mq4

 

Slow Volume Strength Index by Alexander Gettinger

svsi.mq4

Files:
svsi.mq4  3 kb
svsi.png  82 kb
 
Tsar:
iBetterVolume

This is Better Volume Indicator for MT4, an old stuff that has been updated to latest MT4 build.

This indicator improves on your typical volume histogram by categorized the bars volume based on following criteria :

1. Volume Climax Up: high volume, high range, up bars

2. Volume Climax Down: high volume, high range, down bars

3. High Volume Churn: high volume, low range bars

4. Climax Churn: both the above conditions (High Volume Churn and Volume Climax Up or Down or Volume Climax Down)

5. Low Volume: low volume bars

6. Greater Than Prev 2 Bars: when there are no volume signals(1-5) and volume is greater than previous 2 bars volume

7. Less Than Prev 2 Bars: when there are no volume signals(1-5) and volume is less than previous 2 bars volume

8. Neutral Volume: when there are no volume signals(1-7) n there are no volume signals(1-5) and volume is less than previous 2 bars volume 8. Neutral Volume: when there are no volume signals(1-7)

This Better Volume indicator can send you popup alert, email alert and push alert/notification when volume climax, high volume churn and climax churn occurred. You only to turn it on from indicator inputs.

Kindly share source code. Thanks

 

Aren't all these rules a bit confusing? Why has low volume its own color? And are rules 6-8 really necessary?

 

Another VSA indi

vsa_v2.mq4

Files:
Reason: