The histogram of volume indicator colored according to the VSA methodology.
Unlike the standard volumes in MetaTrader, this indicator has a better visualization of the increasing and neutral volume of candles.
It works with any volumes.
volume - select the volumes type (real / tick) thickness - histogram width Volume UP - ascending volume Volume DN - descending volume Neutral volume - neutral volume
The indicator displays the total volume in the price movement. This allows easily determining the supply and demand on the market and reversal points.
It works on any Forex, futures, stocks markets and with any volumes.
Calculation mode - volumes calculation mode (by bars - calculation is performed after each closed bar, or by ticks - calculation is performed on each tick in real time) Volumes - select the volumes (tick or real) History - history in...
The "HLC_bar_MT5" indicator changes the standard MetaTrader bars to bars without the Open price.
The indicator allows changing the bar width regardless of the increase or decrease in the chart scale, thus allowing for a more convenient customization of the chart.
The indicator will be useful for those who trade based on the VSA system, because the chart becomes "cleaner" for the analysis of the bars.
Only the bar color and width can be changed in the settings.
The indicator determines supply and demand on any markets using the Wyckoff method. It is based on the idea from the book "A Modern Adaptation of the Wyckoff Method" by David Weis and shows the total volume in waves.
The indicator is good at defining divergences, the beginning and end of a trend and the presence of a supply/demand in a trend.
The indicator works in two modes: "total/single" volume and "one-sided/two-sided" display.
Volume Mode - volume display mode...