Feature Request: Add Coloring Mode Toggle to the Native Volumes Indicator

 
Summary
Requesting an update to the native Volumes indicator in MetaTrader 5 to include an input setting/toggle that allows traders to choose between the default volume-comparison mode and a candle-direction coloring mode.

Current Behavior

  • The built-in MT5 Volumes indicator strictly colors its bars based on a comparison with the previous bar's tick volume (Green if current volume > previous volume, Red if lower).

Proposed Feature / Enhancement

  • Add a Coloring Mode input dropdown menu in the indicator's settings with the following options:

    1. Volume Comparison (Default): Compares the current bar's volume against the previous bar.

    2. Candle Direction : Colors volume bars based on whether the corresponding price candle is bullish or bearish ( Close >= Open = Green, Close < Open = Red).

Benefits & Use Case

  • Many technical analysts and price-action traders prefer volume bars to match the direction of their respective candles (similar to charting standards on modern platforms like TradingView) to quickly gauge buying vs. selling pressure at a glance.

  • Providing this as a built-in parameter saves traders from having to write, maintain, or compile custom MQL5 indicators just to change basic volume visualization preferences.