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Forex Volumes

Forex is the most liquid market in the world.

For this reason real volumes are not available. Some indicators use the number of ticks, in other cases the broker can supply volumes informations but they will be only data about that broker.

Volumes are important becase they will form the price and volatility of the market.

Using an algorithm this indicator can give you a very good approximation of the volumes for each candle.


How to read the indicators?


This version provides you many visualization modes:

1) Show All volumes : buy, sell and total (buy+sell)

2) Show All volumes with no Total volumes: buy, sell

3) Show only predominant volumes: the greater between buy or sell

4) Show difference volumes: difference between buy and sell and total volumes

5) Show difference volumes with no Total volumes: difference between buy and sell

6) Show accumulation volumes: sum of buy volumes vs sum of sell volumes

7) Show delta volumes: difference between buy and sell

Try each and choose which is more suitable for you. For modes 6 and 7 you can apply a simple moving average of variable length.


For low timeframes( until 30 minutes) you can set High definition, for other cases set Low definition.

 You may need to  switch to a different chart timeframe(TF) and then going back to wanted TF to allow all the indicator data to load.
Anyway loading data can take a while.




Do not forget to leave a feedback, thanks

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Marco Montemari
5 (2)
This indicator is based on Volumes standard indicator, calculates the average of Volumes based on the last N bars set by users, and if the value of the volume is bigger then a set % respect the average a different color will be used. The indicator is shown in a separate indicator window. This version has now a limitation in setting the % about the threshold. If you are interested to set threshold consider to buy the PRO version ( https://www.mql5.com/en/market/product/35925 ) If you want to use
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Renko System
Marco Montemari
This indicator can be considered as a trading system. It offers a different view to see the currency pair: full timeless indicator, can be used for manual trading or for automatized trading with some expert advisor. When the price reaches a threshold a new block is created according to the set mode. The indicator beside the Renko bars, shows also 3 moving averages. Features renko mode median renko custom median renko 3 moving averages wicks datetime indicator for each block custom notificatio
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Version 7.4 2020.12.05
-Updated website on the indicator description
Version 7.3 2020.11.19
Improved for hight tf delta mode
Version 7.2 2020.11.19
Fix for high timeframes
Version 7.1 2020.11.13
Optimization
Version 7.0 2020.11.13
Fix loading bars
Version 6.4 2020.11.02
Improv 2
Version 6.3 2020.11.02
Fix for few bars available
Version 6.2 2020.11.02
Improvements
Version 6.1 2020.09.14
Improvements: no TF change required
Version 6.0 2020.09.14
Improvements
Version 5.1 2020.06.06
Improvement in acumulation mode view
Version 5.0 2020.06.06
Improvements
Version 4.2 2020.04.05
Added more Time frames
Version 4.1 2020.03.31
-Improvements-
Version 4.0 2020.03.30
Added new Display modes
Version 3.0 2020.03.28
Definition mode introduced
Version 2.0 2020.03.07
Introduce a visualization mode