Bid Ask Volumes
This indicator shows you the volume underlying the Bid and Ask quotes in the MetaTrader terminal. Volume is a key driver of price - if there is a large skew between Bid and Ask volume, this suggests price is going to make a movement in the skew direction.
This indicator is a very useful tool for scalpers and other short-term traders as it allows you to confirm your existing signals.
- Scale Percent - percentage of window to fit volumes inside;
- VolumeLotsAtMaxScale - number of lots which will be shown at the maximum scale;
- LineWidth - width of the volume lines;
- Period - Averaging period (helps smoothing out noisy movements).