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VolumePlus

Displays the volume of buyers and sellers in a more friendly and understandable. In this way we can determine more accurately if they win the bears or the bulls.

There are patterns of behavior that we studied beforehand, but in essence we will serve as support at the time of making decisions. Also if we are already within the market we can confirm if is approaching a change of trend and so exit before the change of the same.

Inputs

  • This indicator by its simplicity has no configurable parameter except the colors of the bars. It is suitable for all timeframes and markets.

Author

Miguel Angel Vico Alba

Founder/CEO en Pathfinder Systems.

Research and development of algorithmic trading systems for MetaQuotes Language (MQL). Management of private stock portfolios. MQL5.com Forum Moderator. In markets since 2008.

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Versión 11.0 2019.08.13
Code review.
Versión 10.90 2017.05.23
Updated and tested for MetaTrader 4 Version: 4.00 Build 1090 (19 May 2017).
Versión 2.5 2017.05.18
Updated and tested for MetaTrader 4 Version: 4.00 Build 1080 (12 May 2017).
Update consensus with the rest of my products to version 2.5.
Added new description and link to the comments on the web.
Versión 2.0 2017.05.03
Updated and tested (MetaTrader 4.00 Build 1065).
Versión 1.2 2017.02.28
Updated and tested (MetaTrader 4.00 Build 1045)
Versión 1.1 2017.01.13
Updated to and tested for the build 1031 (MT4).