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Trading Volume

Trading Volume indicator shows the volume of Buying and Selling Trades on the Current Bar Or on average of specific number of last bars as you want . Both volumes are shown simultaneously with green and red colors for Buying and Selling Trading Volumes respectively. And a Percentage ratio of both Volumes appears too in same colors. And Buying and Selling Volumes Expressed By Bulls & Bears .

Notice : This indicator Works on any timeframe and any Pair of Currencies


Calculation Methods:

There are three ways of calculations to be made (you can select your suitable way from inputs)


First: if you choose (CalculationBy = BidRatio)

The indicator calculates Buying and Selling Volumes Based on

Bid Price(Close Price)

Means that Bulls = Bid Price - Low Price

Bears = High Price – Bid Price


Second: if you choose (CalculationBy = OpenRatio)

The indicator calculates Buying and Selling Volumes Based on

Open Price

Means that Bulls = High Price - Open Price

Bears = Open Price – Low Price


Third: if you choose (CalculationBy = BodyRatio)

The indicator calculates Buying and Selling Volumes Based on

The Candle Body Length divided on total candle length with respect to its direction


Input Settings:

  1. First Parameter (CalculationBy) Explained above in detail.
  2. Second Parameter (InpPeriod) it indicates to the number of bars to Calculate their average by indicator
                                                      if you want to apply indicator on the current bar only enter (0).
  3. Third Parameter (Position) it indicates to the position that indicator Panel appears on.
  4. Fourth Parameter (X_Offset) to move indicator Panel Horizontally.
  5. Fifth Parameter (Y_Offset) to move indicator Panel Vertically.
rakyan
452
rakyan 2019.06.29 15:41 
 

User didn't leave any comment to the rating

Andrew
801
Andrew 2019.05.27 08:28 
 

Good indicator, but need one additional element.

Alarm showing info about the % values but not showing the name of instrument. So, When this indicator it's added to many charts it's difficult to know which chart the alarm is for.

Matthew Todorovski
12790
Matthew Todorovski 2018.06.30 13:38 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Tim Eubanks
5432
Tim Eubanks 2018.03.15 06:41 
 

Good tick volume indicator

xXGambitXx
326
xXGambitXx 2017.10.04 11:05 
 

Beim Forex Handel immer auf dem Chart

Ali irwan
5136
Ali irwan 2017.07.25 13:53 
 

good,thank!

makita
564
makita 2017.06.16 15:08 
 

User didn't leave any comment to the rating

Gennadiy Voltornist
12010
Gennadiy Voltornist 2017.05.11 17:35 
 

User didn't leave any comment to the rating

Lev Vladimirovic Marushkin
1554
Lev Vladimirovic Marushkin 2017.05.06 04:05 
 

can´t believe this is free... thank you!!!!

60012345
648
60012345 2016.12.05 08:19 
 

ОК

Maksym Mudrakov
21376
Maksym Mudrakov 2016.08.30 12:05 
 

User didn't leave any comment to the rating

tuanyer de los santos
1135
tuanyer de los santos 2016.06.05 17:21 
 

High performance

Mikhail Gorenberg
2015
Mikhail Gorenberg 2016.06.03 19:16 
 

User didn't leave any comment to the rating

Mohammad Soubra
31032
Mohammad Soubra 2016.05.30 14:12 
 

SUPER-PRODUCT

Version 2.0 2016.06.28
in this version :
- Alert Function Added
- you can Adjust Alert Level From inputs(Alert_Percent)