Market / MetaTrader 5 / Indicators /

MW Volume

FREE

Published: 25 June 2020

Current version: 1.5

MW Volume

Name: MW Volume
Rating: 3.8 (5 reviews)
Author: Martin Bittencourt

3.8

Indicators
Martin Bittencourt
Martin Bittencourt
Trader and Dev at Home

Brazil

6790
3.8 (5)
6 products 1 code 82 topics 180 comments
Version: 1.5
Updated: 1 June 2023

The Martinware™ Volume indicator plots a colored moving average over volume bars. The coloring uses three colors and can be done in different ways choosable by the user and is applied both to the average as to the volume bars.

Three types of coloring are possible:

None: no coloring is done
Increasing or decreasing: changes the color depending on the current value being bigger or lesser than the previous one
Volume relative to average: colors vary if the current volume is bigger or lesser then the previous moving average value

Input parameters:

Volume's coloring: which type of coloring is to be applied to the volume bars
Volume's applied data: the kind of volume to be shown, tick or real volume
Average's coloring: which type of coloring is to be applied to the moving average
Average's period: the moving average's period
Average's shift: the moving average's shift, equal or bigger than 0
Average's method: the moving average's method, if simple, exponential or another kind

more...

438

BlackArmor 2024.01.22 07:39 #

Thank you Martin, very good Volume indicator it's my favorite.

337

Leandro Rezende Fruhauf 2021.02.10 16:28 #

muito bom

196

KATTY2010 2022.07.12 02:51 #

bueno y util

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Each buyer of this indicator also receives the following for free: The custom utility "Bomber Utility", which automatically manages every trade, sets Stop Loss and Take Profit levels, and closes trades according to the rules of this strategy Set files for configuring the indicator for various assets Set files for configuring Bomber Utility in the following modes: "Minimum Risk", "Balanced Risk", and "Wait-and-See Strategy" A step-by-step video manual to help you quickly install, configure, and

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Filter:

Atlehang Hlakodi 2025.01.26 14:13 #

happy with alerts

438

BlackArmor 2024.01.22 07:39 #

Thank you Martin, very good Volume indicator it's my favorite.

6790

Reply from developer Martin Bittencourt 2025.02.06 13:52 #

You're welcome! I'm glad to read it! :)

Carruda1205 2023.03.27 00:32 #

Não cumpriu o qu eu esperava

6790

Reply from developer Martin Bittencourt 2023.03.27 15:17 #

Olá Carruda1205. Creio não ter entendido o seu review: o que você esperava desse indicador? E por que ele deveria fazer o que você esperava? Por que ele seria digno de apenas 1 estrela por não ter cumprido essa sua expectativa? Eu imagino que se um indicador é inútil ou se é cheio de defeitos, ou seja, se ele tem problemas, ele mereça uma má avaliação, mas ter sido desenvolvido com um propósito em mente diferente do que um usuário em específico gostaria não justifica tal review.

196

KATTY2010 2022.07.12 02:51 #

bueno y util

6790

Reply from developer Martin Bittencourt 2023.03.27 15:15 #

Thanks for your review! I'm glad you found it useful!

337

Leandro Rezende Fruhauf 2021.02.10 16:28 #

muito bom

6790

Reply from developer Martin Bittencourt 2023.03.27 15:15 #

Obrigado pelo review! Fico feliz que tenhas achado muito bom!

4107

Aleksandr Tamonin 2021.01.24 12:49 #

User didn't leave any comment to the rating

6790

Reply from developer Martin Bittencourt 2023.03.27 15:16 #

Thanks for your review! I'm glad you found it so good!