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COSMOS4U Volume MT4

COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges.

  • The supported features are as follows:
  • Fast Volume Moving Average
  • Slow Volume Moving Average
  • Highest Volume
  • Bull & Bear Volume Sums & Difference
  • Tick & Real (requires broker’s data) Volume
  • Periods for the Volume Moving Average, the Highest Volume and the Period of the Bull & Bear Volumes Difference
  • All timeframes (M1, M15, H1, H4, D, W, M…..)
  • All pairs
  • Colors for all elements
  • Style and width of bars and lines

It is a very simple indicator with maximum confirmation signals’ efficiency.


Trading COSMOS4U Volume.

COSMOS4U Volume indicator, highlights volume ranges in blue, in the event of bull close, in red on a bear close and in purple supposing support matches resistance trends.

These Volumes are compared in real time with the average volumes (fast & slow) and the highest volume, in order for traders to see the current running total for positive and negative volume. When volume figures move higher than the Highest Volume level, a strong confirmation signal for market trend is generated. A twofold or threefold increase in volume is a confirmation signal for continuity in most cases.

In addition, positive and negative volume indexes (bullish and bearish divergences) reflect the trend of trades.

In our point of view, the COSMOS4U Volume Indicator is a confirmation indicator which is a vital complement to your trading system. Regardless of the Long/Short Signal System that you opt for,(for example supports/resistances, Fibonacci Levels, MACD, ADX, SMAs & EMAs etc) the COSMOS4U Volume indicator is the ideal confirmation tool for your trade. An upward slow average crossover by fast signifies continuation of the trend.

You need high level volumes to perform a variety of tasks. For Long term setup you need High Blue (Bullish) Volumes approximating the Highest Level and Bullish (positive) Divergence. For Short term setup, you need High Red (Bear) Volumes, the Highest Level indicator and Bearish Divergence.


Updates

Free for all owners.


Parameters

COSMOS4U Volume Parameters

  • Volume Type - It sets the Volume type to real (if the broker provides data) or tick.
  • Volume Fast Moving Average Input Period - It sets the fast time period to calculate the volume average.
  • Volume Slow Moving Average Input Period - It sets the slow time period to calculate the volume average.
  • Enable Slow Moving Average - It enables the display of the Slow Moving Average.
  • Highest Volume Period - It sets the time period to calculate the highest volume.
  • Volume Summary Bars and Difference - It sets the time period to calculate the volume summary (bulls, bears & difference) from now.
  • Equalize Highest Volume Period and Summary Range - It sets Summary Range equal to Highest Volume.

COSMOS4U Volume Widths

  • Volume Fast Moving Average Line Width - It sets the width of the volume fast moving average line.
  • Volume Slow Moving Average Line Width - It sets the width of the volume slow moving average line.
  • Highest Volume Line Width - It sets the width of the highest volume line.
  • Long Histogram Width - It sets the width of the Bullish Histogram line.
  • Short Histogram Width - It sets the width of the Bearish Histogram line.
  • Equal Histogram Width - It sets the width of the neutral Histogram line.

COSMOS4U Volume Colors

  • Volume Fast Moving Average Line Color - It sets the color of the volume fast moving average line.
  • Volume Slow Moving Average Line Color - It sets the color of the volume slow moving average line.
  • Volume Summary Bull color - It sets the color of the bull summary volumes' calculation text.
  • Volume Summary Bear color - It sets the color of the bear summary volumes' calculation text.
  • Highest Volume Line Color - It sets the color of the highest volume line.
  • Long Histogram Color - It sets the color of the Bullish Histogram line.
  • Short Histogram Color - It sets the color of the Bearish Histogram line.
  • Equal Histogram Color - It sets the color of the neutral Histogram line.

COSMOS4U Volume Style

  • Volume Fast Moving Average Line Style - It sets the style of the volume fast moving average line.
  • Volume Slow Moving Average Line Style - It sets the style of the volume slow moving average line.
  • Highest Volume Line Style - It sets the style of the highest volume line.

COSMOS4U Volume Font Settings

  • Sum/Diff Enable - It enables the display of the summary & difference volumes' calculation text.
  • FontName - It sets the font name of the summary & difference volumes' calculation text.
  • FontSize - It sets the font size of the summary & difference volumes' calculation text.
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Version 2.60 - 2016.09.27
COSMOS4U Volume Indicator and COSMOS4U AdMACD Configuration utility synchronization upgrade
From now on you can update the indicator using the AdMACD Trading System Configuration utility.
Version 2.51 - 2016.09.08
Trend lines and objects deletion fixed.
Version 2.50 - 2016.09.01
There are code optimization and style modifications.
Version 2.0 - 2016.01.29
New features:
Second moving average.
Option for real or tick volume.

Removed:
COSMOS4U chart style