MyVolume

4.8

This indicator is an original view on volumes. It is known that volumes show the amount of buyers and sellers for a certain period of time. A candle is used a period of time.

  • Volumes at a candle High show the buyers.
  • Volumes at a candle Low show the sellers.
  • A candle Open shows the Delta.

Delta indicates who was dominant on a given candle, buyers or sellers.


Input parameters

  1. Distance - distance of the volumes text from High and Low.
  2. Font size - text font size.

The indicator provides levels that can be used for trading breakouts or rebounds.

* The indicator is drawn only on upcoming candles, as the Ask and Bid price data are not available from history.

Reviews 8
Andrie Yustanto
248
Andrie Yustanto 2025.05.10 11:49 

it would be helpful if there was an option to change the font color

Abraham Correa
5784
Abraham Correa 2024.06.23 05:31 

Seems like vital information, labeling how much pip action is sprouting out of a candlestick of a timeframe.

marek1952
207
marek1952 2022.10.17 10:03 

super wskaźnik i super pomysł. Wielkie podziękowania dla Autora.

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Andrie Yustanto
248
Andrie Yustanto 2025.05.10 11:49 

it would be helpful if there was an option to change the font color

Abraham Correa
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Abraham Correa 2024.06.23 05:31 

Seems like vital information, labeling how much pip action is sprouting out of a candlestick of a timeframe.

marek1952
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marek1952 2022.10.17 10:03 

super wskaźnik i super pomysł. Wielkie podziękowania dla Autora.

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trick 86 2022.06.27 20:05 

any updates on this essential indicator?

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