Volume Plus for MT5

The Volume Plus indicator for MT5 can be effectively used for detecting imbalances in supply and demand.
The indicator improves on the typical volume histogram by coloring the bars.

Bar colors (colors are customizable):

  • Neutral - DimGray
  • Wide Spread (Range) Bar on High Volume - MediumBlue
  • Narrow Spread, High Volume - MidnightBlue
  • Wide Spread, Low Volume - ForestGreen
  • Narrow Spread, Low Volume - DarkGreen
  • Very/Ultra Wide Spread, Low Volume - Aqua
  • Narrow Spread, Ultra High Volume - Purple
  • Very/Ultra Wide Spread, Ultra High Volume - Maroon
The legend details are provided in the screenshots.


Input parameters

  • VolumeType - Volume type (tick or real)
  • MA Period - Period for the moving average.
  • LookBackBars - Bars to analyze.
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The indicator is based on the relationship between two sets of Stochastic lines. The first set consists of 6 Stochastic with periods: 5, 8, 10, 12, 14, 16.  The second set consists of 6 Stochastic with periods: 34, 39, 44, 50, 55, 60. These periods are customizable. Input parameters Stochastic MA Method Method of calculation ===== Short-term ===== Stochastic #1 %K Period Stochastic #2 %K Period Stochastic #3 %K Period Stochastic #4 %K Period Stochastic #5 %K Period Stochastic #6 %K Period Short
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Having a chart window that has multiple pairs (symbols), timeframes, and indicators displayed simultaneously can be quite advantageous. This indicator will allow traders to place multiple chart objects in a sub window of the main chart window. The indicator is capable of adding all available MT5 indicators and custom indicators to the existing chart. The list and parameters of the indicators are for reference at: https://www.mql5.com/en/docs/indicators Input parameters Name Example Indicator
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This is a multi-timeframe indicator that detects and displays support and resistance (S&R) lines using the ZigZag indicator. Features The support and resistance lines are not redrawing. The indicator is capable of adding new support and resistance levels as they appear. Each S&R line has a tooltip that displays the price level and start time. Save time for multi-timeframe analysis on trades. All types of alerts (sound, pop-up, email, mobile push notification) are available. Working with all p
This is a multi-timeframe indicator that detects and displays support and resistance (S&R) lines using the ZigZag indicator. Features The support and resistance lines are not redrawing. The indicator is capable of adding new support and resistance levels as they appear. Each S&R line has a tooltip that displays the price level and start time. Shows the start time, price level and number of touches of all S&R lines when pressing the shortcut Shift+I Save time for multi-timeframe analysis on tr
The VSA Scanner Dashboard is a multi-symbol, multi-timeframe scanner that displays VSA signals. It is based on the  Volume Plus and VSA Signals indicator. Features Displays the VSA signal of the last closed candle. Monitors 28 customizable instruments (symbols) and up to 21 timeframes at the same time.  Easily arrange symbols in any order. Each signal has a tooltip that displays the name and time of appearance. Click on each signal to open a new chart. All types of alerts (sound, pop-up, email,
This indicator is designed for scalping Gold, BTC, US30, GBPUSD, and can also be used on any financial instrument. It does not repaint, erase past signals, and it is not lagging. The indicator is a combination of two well-known indicators: Bollinger Bands and TD Sequence. It has a relatively high win rate; however, it is not a complete system and should be used in conjunction with other indicators to filter noise, increase the win rate, and is intended for experienced scalpers. Always set reaso
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