Vol Plus MT4

Stop flying blind when looking at raw market volume. Volume is the fuel that drives every significant market move, but standard volume bars tell you almost nothing about the context of that fuel.

Volume Color MA is a precision-engineered indicator that transforms raw tick volume into a visually intuitive, institutional-grade map of market sentiment. By automatically calculating a dynamic, responsive Moving Average (SMA or EMA) directly against the volume data, it instantly categorizes every single price movement.

With one glance at your sub-window, you will know exactly if the "Smart Money" is stepping in with high-momentum buying, or if a rally is just a low-volume retail trap.

How it Works (The Color Matrix): Our algorithm dynamically compares the current volume of a candle against the established Volume Moving Average baseline, assigning it a specific color based on its true institutional weight:

• 🟩 Bright Green (Bull High): The candle closed green, AND the volume is above the moving average. This is true institutional buying pressure. Expect the trend to continue.

• 🢒 Faded Green (Bull Low): The candle closed green, but the volume is below the moving average. This is weak retail buying or a low-liquidity drift. Be cautious of a reversal.

• 🟥 Bright Red (Bear High): The candle closed red, AND the volume is above the moving average. This is heavy institutional selling. Momentum is aggressively shifting downwards.

• 🢒 Faded Pink (Bear Low): The candle closed red, but the volume is below the moving average. The selling pressure is weak and lacks conviction.

Why Traders Need This:

1. Spot Breakouts vs. Fakeouts: Never buy a breakout that occurs on faded, low volume. True breakouts are instantly validated by Bright Green or Bright Red spikes above the MA line.

2. Identify Exhaustion: If a strong trend suddenly starts printing faded volume bars, it means the big players have stepped away. It’s time to take profit before the reversal.

3. Bulletproof Engine: Ditch the buggy standard MT4 array functions. The volume MA is mathematically calculated manually from scratch, ensuring it works flawlessly on Forex, Crypto, Indices, and Metals without ever freezing your terminal.

Features:

• Fully customizable Moving Average Length.

• Choose between SMA (Simple) or EMA (Exponential) for your baseline sensitivity.

• Works seamlessly across all timeframes.

• Zero repainting. What you see is exactly what the market printed.