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Better Volumes

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Demo downloaded: 197

Published: 16 July 2019

Current version: 1.6

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Better Volumes

Indicators
Illia Zhavarankau
Version: 1.6
Updated: 19 November 2020
Activations: 5

Description:

The indicator of tick volumes Better Volumes allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volumes the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed.

Input parameters:

Display_Bars - the number of displayed bars (at 0, all are displayed);

MAPeriod - period for calculating the moving average for volume;

LookBack - period for which the correct and relative volume is searched;

Alert_color = true / false enable or disable notifications about the appearance of a candle of a given color;

Send_mail = true/false enable or disable notifications about the appearance of a candle of a given color by email.

Description of colors:

Red - Bull correct volume for period LookBack (Close>(High+Low)/2);

DeepSkyBlue - Normal tick valume;

Yellow - Minimus volume for period LookBack;

Lime - Maximum relative volume for period LookBack;

White - Bear correct volume for period LookBack (Close<(High+Low)/2);

Magenta - Maximum relative and correct volume for period LookBack;

Maroon - Moving average Volume (MAPeriod).

more...

Screenshot #1 Better Volumes

Screenshot #2 Better Volumes

Screenshot #3 Better Volumes

Screenshot #4 Better Volumes

Screenshot #5 Better Volumes

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Description: The indicator of tick volumes Better Volume MT5 allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volume MT5 the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed. Input parameters: MAPeriod - period for calculating the moving average

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Least Square MA Description: The Least Square Moving Average indicator allows you to assess the direction of the market movement and its possible reversals. The indicator is a line that is displayed in the price window. Input parameters: LSMA_Period - the period for calculating the moving average using the least squares method; Prediction - the number of candles used to construct the predicted moving average using the least squares method, provided that its rate (falling or growing remains); D

Description: The Wall of Worry indicator allows you to assess market sentiment and possible reversals. The indicator represents three lines that are displayed in a separate window. Black line (trend) - the amount of volumes in the candle body. Red line (bears) - the amount of volumes in the upper shadow of the candlestick. Blue line (bulls) - the amount of volumes in the lower shadow of the candle. The idea is based on "Wall of Worry" - this is the periodic tendency of financial markets to

This indicator combines two tools: MACD and OsMA . MACD is displayed as two lines: The black line represents the main MACD line. The orange line represents the MACD signal line. OsMA Histogram is shown in two colors: Green bars indicate growth. Red bars indicate decline. You can customize the line colors and thickness in the settings. This indicator serves as an addition to the Combo View Impulse System indicator but can also be used independently. Parameters: Fast EMA period (12) – The short

This indicator combines several functionalities: Value Zone Displays two exponential moving averages (EMAs): 13-period EMA in red. 22-period EMA in blue. Impulse System (based on Dr. Alexander Elder's methodology) Candles are color-coded to indicate trade restrictions: Red candles prohibit buying. Green candles prohibit selling. Blue candles allow both buying and selling. Recommended for use on two timeframes for enhanced analysis. 3x ATR Channel A channel based on 3 times the ATR (Average True

Price deviation from MA The indicator in a separate window displays the value of the price deviation ( % ) from the specified value of the Moving Average . It can be used both for fixing positions and opening new positions. Input parameters: 1. The averaging period for calculating the moving average. 2. Averaging method. It can be any of the ENUM_MA_METHOD values: MODE_SMA - Simple averaging; MODE_EMA - Exponential averaging; MODE_SMMA - Smoothed averaging; MODE_LWMA - Linear weighted averaging.

Least Square MA Description: The Least Square Moving Average indicator allows you to assess the direction of the market movement and its possible reversals. The indicator is a line that is displayed in the price window. Input parameters: LSMA_Period - the period for calculating the moving average using the least squares method; Prediction - the number of candles used to construct the predicted moving average using the least squares method, provided that its rate (falling or growing remains); Dis

Description: The Wall of Worry indicator allows you to assess market sentiment and possible reversals. The indicator represents three lines that are displayed in a separate window. Black line (trend) - the amount of volumes in the candle body. Red line (bears) - the amount of volumes in the upper shadow of the candlestick. Blue line (bulls) - the amount of volumes in the lower shadow of the candle. The idea is based on "Wall of Worry" - this is the periodic tendency of financial markets to

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This indicator combines several functionalities: Value Zone Displays two exponential moving averages (EMAs): 13-period EMA in red. 22-period EMA in blue. Impulse System (based on Dr. Alexander Elder's methodology) Candles are color-coded to indicate trade restrictions: Red candles prohibit buying. Green candles prohibit selling. Blue candles allow both buying and selling. Recommended for use on two timeframes for enhanced analysis. 3x ATR Channel A channel based on 3 times the AT

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