Market Condition Evaluation based on standard indicators in Metatrader 5 - page 227

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chinajohn
558
chinajohn  
Sergey Golubev
Moderator
108384
Sergey Golubev  
chinajohn:
iBBFill 
Ricardo Dacosta
17
Ricardo Dacosta  

Sergey in the past you have mention the use of Volume indicator to help filter out false signals. Can you provide a Volume indicator you recommend?

So far I have tried:

Ticks Volume Indicator

https://www.mql5.com/en/code/1919

Demand Index

https://www.mql5.com/en/code/520

Thanks in advance!

Sergey Golubev
Moderator
108384
Sergey Golubev  
Ricardo Dacosta:

Sergey in the past you have mention the use of Volume indicator to help filter out false signals. Can you provide a Volume indicator you recommend?

So far I have tried:

Ticks Volume Indicator

https://www.mql5.com/en/code/1919

Demand Index

https://www.mql5.com/en/code/520

Thanks in advance!

I like iTrend indicator (it is similar to such volume - not same but visually similar one)
Look at this post #1 
or you can select it for MT4 using this link.

Ricardo Dacosta
17
Ricardo Dacosta  
Sergey Golubev:

I like iTrend indicator (it is similar to such volume - not same but visually similar one)
Look at this post #1 
or you can select it for MT4 using this link.

Thank you! Looks good. Thanks for sharing the level too! I will do some testing and see if it fits in my system

By the way I like the other two variations of it available for mt5:

-https://www.mql5.com/en/code/505

-https://www.mql5.com/en/code/16990

iTrend
iTrend
  • www.mql5.com
This is a combination of two indicators in one. Histogram values are the sum of the values of two technical indicators - Bears Power and Bulls Power. Moving average values are the difference between the values of the financial asset price and Bollinger Bands ® (depending on the value of the Bands_Mode input parameter; the...
Sergey Golubev
Moderator
108384
Sergey Golubev  

Simple support resistance - indicator for MetaTrader 5 

Simple support resistance - indicator for MetaTrader 5

Simple support resistance - indicator for MetaTrader 5

Simple support resistance - indicator for MetaTrader 5

This is a version of the intraday version (published here : Simple Intraday Support / Resistance) that allows you to show support resistance estimation for any time frame 

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