Volume style indicator on the chart
- Indicators
- Version: 1.0
- Activations: 5
Short Description: A clean, modern, and professional tick volume indicator inspired by the popular TradingView style.
The indicator displays Volume below the chart in the form of green and red bars, with a text in the upper left corner indicating the volume value. The bars automatically rise or fall depending on the volume, which can signal or confirm a price increase or decrease on the chart. This is a very useful feature, as an increase or decrease in volume confirms a stable trend. I personally use this indicator because the default appearance of volume bars in MetaTrader 4 was difficult for me to understand. The screenshot shows what this functionality looks like when activated on a chart. The indicator can also be saved as a permanent default template to appear on all activated charts in MetaTrader 4.
Description:
Bring the aesthetic and clarity of modern charting platforms directly to your MetaTrader 4. TV Style Volume Visualizer replaces the standard, cluttered MT4 volume bars with a sleek, color-coded histogram that helps you instantly distinguish between buying and selling pressure.
Unlike the default MetaTrader volume, this indicator analyzes the price action of each candle to categorize tick volume, making it much easier to spot climactic moves and trend exhaustion.
Key Features:
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TradingView Aesthetics: Clean and professional look for your charts.
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Bull/Bear Coloring: Green bars for bullish candles (Close > Open) and Red bars for bearish candles (Close < Open).
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Instant Volatility Read: Quickly identify where the "big money" is moving based on tick activity.
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Zero Lag: Highly optimized code that won't slow down your platform, even on lower timeframes like M1.
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Fully Customizable: Adjust colors and bar width to match your template.
Why Choose This Indicator?
Default MT4 volume can be confusing and visually dated. TV Style Volume Visualizer focuses on visual hierarchy, allowing traders to focus on price action while having a clear view of the volume supporting the move. Perfect for day traders, scalpers, and price action enthusiasts.
Technical Specifications:
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Platform: MetaTrader 4
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Asset: All Symbols (Forex, Crypto, Indices, Stocks)
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Timeframe: All Timeframes
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Indicator Type: Volume / Visual
Installation & Settings:
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Attach the indicator to any chart.
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In the "Inputs" tab, you can customize the colors to fit your dark or light theme.
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Use a thicker width (default is 3) for a more modern "blocky" look.
