Volume Cyclicality MT5
The Volume Cyclicality indicator defines the cycles of the traded volume of any market. It shows clearly the ascending and descending volume intervals with asymptotic evolution near the minimum and maximum values. The Volume Cyclicality indicator can be successfully used in automated expert advisors to integrate the volume information together with the price evolution data.
The Volume Cyclicality indicator can be used to generate automated entry signals during the ascending and descending volume intervals. Better signals can be generated by combining the Volume Cyclicality indicator with the Price Cyclicality indicator. Also, the Volume Cyclicality indicator can be used to define limit conditions to generate automated exit signals near the maximal volume values or during descending periods.
The Volume Cyclicality indicator can be used with any market in any timeframe. The efficiency of this indicator was proved during the time, having a very precise evolution, especially in the long-time intervals (H1, H4, D1, W1). It is also a very good trading filter to exclude false signals of many other known volume entry or exit indicators. For short time intervals (M1, M5, M15, M30) the indicator can be used only if the broker is reporting the volume data for the selected timeframe.
The MT4 version of the Volume Cyclicality can be found here.
Use this indicator only with a stable Risk and Capital Management Strategy.
This indicator does not guarantee a profit. Past performance does not guarantee future performance.
Any buyer will run the indicator with his own technical resources, with his own data, and with his own risk.
The indicator's author is not responsible for the results, and can not be held responsible for any eventual losses.
The Volume Cyclicality is sold only under the https://mql5.com internet site; any other place offering this indicator is a scam.