Volume Candle Indicator
- Indicators
- Version: 1.0
- Activations: 10
Volume Color Histogram for MetaTrader 5.
This indicator displays volume as a histogram in a separate window. The bars are colored based on the direction of the price candle: green for bullish (close > open) and red for bearish (close < open).
Key Features
- Volume source: Tick volume or real volume (user-selectable).
- Optional moving average line over the volume histogram, which can be enabled via input.
- Supported average types: SMA, EMA, SMMA, LWMA.
- Average period is configurable.
- Compatible with all symbols and timeframes on MetaTrader 5.
