Discussing the article: "A Forgotten Classic in Volume Analysis: The Finite Volume Elements Indicator for Today's Markets"

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Check out the new article: A Forgotten Classic in Volume Analysis: The Finite Volume Elements Indicator for Today's Markets.

In this article, we will examine the Finite Volume Elements (FVE) indicator, which helps identify genuine capital flows in the market. We will implement FVE for MetaTrader 5 and review recommendations for using it in trading.
In the world of technical analysis, volume indicators play a key role in understanding market dynamics and confirming price movements. One such tool is the Finite Volume Elements (FVE) indicator, first described in detail in the April 2003 issue of Technical Analysis of STOCKS & COMMODITIES. FVE was developed as an improved method for assessing the balance between buyers and sellers, taking into account not only the direction of price movement but also the intensity of trading volume.

Unlike traditional volume indicators, such as On Balance Volume (OBV) or Accumulation/Distribution, FVE goes beyond simple price-direction measures by filtering out minor fluctuations and reducing market noise. This allows for a more accurate identification of accumulation and distribution periods, as well as the detection of true market trends.

In today’s financial markets, characterized by high volatility and frequent false signals, Finite Volume Elements becomes a particularly relevant tool. Its ability to filter out minor movements and focus on significant changes in volume makes FVE useful for both short-term traders and long-term investors seeking to improve the accuracy of their trading decisions.


Author: Artyom Trishkin

 

MT5 is a bit odd at times; is this a bug?


 
nevar #:

MT5 is a bit odd sometimes; is this a bug?

  1. Have the indicator codes been changed?
  2. For each currency pair and each timeframe, you need to manually select the threshold value in the settings.
  3. How do the indicators work in the tester?
 
nevar #:

MT5 is a bit of a joke sometimes; is this a bug?


The vertical line indicates the moment the indicators were launched. Their settings can be seen on the chart in the indicator windows.

 
I’ve got it now, thanks. The indicators are sensitive to their thresholds.
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