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Volume MT5 Indicator by PipTick

39 USD

Demo downloaded: 367

Published: 4 February 2015

Current version: 1.4

Volume MT5 Indicator by PipTick

Indicators
Michal Jurnik
Michal Jurnik
Partner at PipTick

Czech Republic

58812
4.2 (71)
"Talent is cheaper than table salt. What separates the talented individual from the successful one is a lot of hard work." - Stephen King. Those few words reflect myself very well. I am probably not the most talented developer in the world but I truly believe in hard work, professional attitude and

49 products 6 topics 12 comments
Version: 1.4
Updated: 1 December 2021
Activations: 5

The Volume indicator is an excellent tool for measuring tick volume or real volume activity. It quickly and easily helps traders evaluate the volume's current size. The indicator for classification of the volume size uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high.

This indicator can calculate the moving average by four methods:

SMA - Simple Moving Average
SMMA - Smoothed Moving Average
EMA - Exponential Moving Average
LWMA - Linear Weighted Moving Average

Interpretation

By default, there are six zones that a user can change. Depending on which zone corresponds to the volume, the histogram bar is colored with an appropriate color. This way, you can easily recognize how high the volume is compared to previous bars.

Ultra Low volume zone - gray
Low volume zone - white
Average volume zone - yellow
High volume zone - gold
Very High volume zone - dark orange
Ultra High volume zone - crimson

Main Features

A simple classification of volume.
Several optional calculation methods.
User selectable ranges of the zones.
Works on every timeframe (M1, M5, M15, M30, H1, H4, D1, W1, and MN).
A very fast and reliable indicator.
Customizable parameters (colors, line thickness, MA period, etc.).
Real and Tick Volume.

Please visit the Volume indicator product page for the input and output parameters settings.

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Screenshot #1 Volume MT5 Indicator by PipTick

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Screenshot #7 Volume MT5 Indicator by PipTick

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The Retracement indicator shows the current and historical high, low and mid values. Optionally, it can also display major retracement levels. All these levels together form the significant levels of support and resistance. Therefore, it is essential to know them for every kind of trader. Levels High Low Midpoint 76,4 % 61,8 % 38,2 % 23,6 % Main features The indicator shows the actual levels of High, Low, Mid and selected retracements. Four optional retracement levels. Alert notifications

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The Equity Curve indicator is a simple and helpful tool that shows the development of the equity curve in real time. For precision measurement, it should be used in a separate window with a period of M1. Main features The indicator shows the development of the equity curve in real time. High precision on the minute chart. High-speed calculation. Available for MT4 and MT5. Please visit the Equity Curve indicator product page for the input and output parameters settings.

FREE

The Close script is a simple tool that allows traders to close their trades by three methods. Just run the script and choose the close method. Closing methods Symbol - Allows closing all open trades for a specific symbol. All_Trades - Allows closing all open trades. Magic_Number - Allows closing all open trades according to their magic number. Recommendation AutoTrading functions must be activated. If the AutoTrading function is disabled, the script will not work. EA should be stopped.

FREE

Knowledge of the strength and weakness of each currency is vital for every forex trader. Our Currency Strength Meter indicator measures the strength of eight major currencies (USD, EUR, GBP, CHF, JPY, CAD, AUD, NZD) by using the Relative Strength Index indicator, also known as RSI. The Currency Strength Meter indicator shows you, simply and quickly, when a currency is oversold, overbought, or in "normal area". This way, you can identify which currency is the strongest and the weakest. Our

99 USD

The ATR indicator is a helpful tool for measuring the range of bars. It quickly and easily helps evaluate the ATR's current spread (range), which is especially useful for VSA traders. The indicator for classifying the range of bars (candles) uses the moving average and its multiples. Accordingly, the area where the volume is located (relative to the moving average) is labeled as ultra-low, low, average, high, very high, or ultra-high. Our ATR indicator is rendered as a histogram. This indicator

39 USD

The Currency Barometer indicator is a unique tool that measures the strength of two currencies represented in the pair and compares the difference between them. The result is shown as a histogram where you can simply identify which currency is the strongest. This indicator is designed to measure the strengths and weaknesses of eight major currencies (USD, EUR, GBP, CHF, CAD, JPY, AUD, and NZD) and works on 28 currency pairs. The indicator uses the CI method (Commodity Channel Index) to calc

69 USD

The Volume Spread Analysis indicator is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool we've ever made. It is a really powerful analytical tool that generates very reliable trading signals. Because it is very user-friendly and understandable, it is suitable for every type of trader, regardless of his experience. What is VSA? VSA - Volume Spre

199 USD

The VWAP indicator is our version of the popular Volume-Weighted Average Price indicator. The VWAP is the ratio between the value traded (price multiplied by the number of volume traded) and the total volume traded over a specific time period. As a result, it measures the average price of the instrument much better than the simple moving average. Although there are many ways to use the VWAP, most investors use it to calculate the daily average. The indicator works in five modes: Moving -

69 USD

The Correlation Matrix indicator shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold, and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation (correlation is above 80 %). Negative correlation (correlation is below -80 %). Weak or no correlation (correlation is between -80 and 80 %). Main features The indicator shows the actual correlation between the selected instrumen

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The Currency Index indicator enables traders to display any index of eight major currencies. It uses a special calculation that considers specific currency pairs and their weights. The default weights are based on the BIS Triennial Central Bank Survey results. Because of this advantage, the trader can see each currency's true strength and weakness. Note: If the indicator is used in Strategy Tester (demo version), please keep in mind that all currency pairs' data must be downloaded in History

99 USD

The Pairs Cross indicator is a unique tool for negatively correlated trading instruments, such as EURUSD and USDCHF currency pairs. It is based on a concept called pairs trading (or spread trading). Our indicator compares the strength of two currency pairs that are inversely correlated and quickly tells you when it’s time to buy the first pair and short a second pair, and vice versa. This is a straightforward approach to trading currency pairs that works very well. How to you use the Pairs Cro

99 USD

The Pairs Spread indicator has been developed for the popular strategy known as pairs trading, spread trading, or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, traders can quickly identify when the instruments are too far apart and use this information for trade opportunities. How to use the Pairs Spread indicator Best results are attained whe

99 USD

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