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Color Histogram Volume Set

Do you use volume in your reading of the market?


Certainly many traders use it, and do not imagine operating without it.


The Color Histogram Volume Set indicator allows the user to choose the value that he considers interesting to monitor.

When you pass this you will have visual confirmation and if you want you will also have the audible alert that is given by the indicator.


Of course, there are other ways to try to find a high volume, such as assessing whether the volume is above average, whether it is the highest volume of the last x candles (I even have indicators like that), among others, but the proposal of the Color Histogram Volume Set indicator is to allow the user, through his observation and experience, to define the values.


In addition, this indicator has a free candle coloring version that can be found in my indicators available on the market.


It is.


Success and good trades!
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Was: $259 Now: $120 — The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolu
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Version 2.10 2022.08.11
As promised yesterday, I redid the alerts code and now we have the audible alerts (if enabled) working for all levels.

There is one thing that still bothers me. The horizontal lines of the levels are being drawn using graphical objects. As MT5 updates the volume data, it appears that the lines adjust on the screen, but actually the command is called only once, only when the indicator comes to the screen.

That is, it is not having any redraw in the indicator, it is just an internal adjustment of the MT5, but I don't like it, it seems to redraw.

Post in the comments if this also bothers you, if so, I'll look for a way to solve it.

abs. Success and good trading!

* * Translated by google translator * *
Version 2.0 2022.08.10
At the request of some people (especially Rafael), I adapted this indicator so that it allows coloring 5 levels of volume.

Tomorrow or the next few days I will fix the alert issue, which is only working for the first volume level.

Remembering that this indicator was distributed for free and the next free distribution will happen when it reaches 100 subscribers on the youtube channel:

https://www.youtube.com/c/WhiteTraderIndicadoresMT5

Enjoy and also access www.whitetrader.com.br

* * Translated from Portuguese Brazil by google translator * *