Indicators: Volume Average

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Automated-Trading
154193
Automated-Trading  

Volume Average:

Long known volume analysis method.

In capital markets, volume, or trading volume, is the amount (total number) of a security (or a given set of securities, or an entire market) that was traded during a given period of time. In the context of a single stock trading on a stock exchange, the volume is commonly reported as the number of shares that changed hands during a given day. The transactions are measured on stocks, bonds, options contracts, futures contracts and commodities. The average volume of a security over a longer period of time is the total amount traded in that period, divided by the length of the period. Therefore, the unit of measurement for average volume is shares per unit of time, typically per trading day.

Trading volume is usually higher when the price of a security is changing. News about a company's financial status, products, or plans, whether positive or negative, will usually result in a temporary increase in the trade volume of its stock. Shifts in trade volume can make observed price movements more significant. Higher volume for a stock is an indicator of higher liquidity in the market. For institutional investors who wish to sell a large number of shares of a certain stock, lower liquidity will force them to sell the stock slowly over a longer period of time, to avoid losses due to slippage.

With MetaTrader 5 now you can chose if the volume used is going to be tick volumes or real volumes. Percentage breakouts compared to average volume are marked with different colors.

Author: Mladen Rakic

Volume Average
Volume Average
  • www.mql5.com
Long known volume analysis method. In capital markets, volume, or trading volume, is the amount (total number) of a security (or a given set of securities, or an entire market) that was traded during a given period of time. In the context of a single stock trading on a stock exchange, the volume is commonly reported as the number of shares that...
santograal
9
santograal  
Congratulations on the indicator! The big balcony of this gauge is the coloring. Put her in the candles that will be wonderful. Can you do it?
hmiddane
5
hmiddane  

Hi, do you have same indicator for MT4?

Thanks

Mohammad Majidi
55
Mohammad Majidi  

HI

Does anyone know How can I use this indicator  for an EA ?

thanks 


KRiordan
5
KRiordan  

Hi All,

I like the look of this indicator but cant seem to make it work in an EA?

Cazz223
154
Cazz223  

Hello

Does anyone know what the colours represent?

Kindly share please.

Thank you

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