VMS Oscillator
- 지표
-
Vincent Jose Proenca
저는 10년 이상 트레이더로 일해 왔으며, 주로 CFD(차액결제거래)를 전문으로 하고 있습니다. 트레이딩에서 제가 가장 좋아하는 것은 논리, 규율, 그리고 의사결정을 단순화하는 도구를 만드는 과정입니다. 제 방식에 맞는 지표를 찾지 못해 처음에는 필요에 의해, 이후에는 즐거움으로 직접 코딩을 시작했습니다. - 버전: 1.0
Volume & Move Strength (VMS) Indicator for MT5
The VMS Indicator displays the relationship between trading volume and price movement strength, helping traders assess how well market activity supports price action.
How It Works:
-
Measures tick volume as trading activity.
-
Calculates move strength using a normalized True Range (%).
-
Both values can be smoothed (default: 5) and optionally normalized (0–100) for consistency across markets.
-
Plots two lines in a separate window:
-
Blue (Volume) – trading activity level.
-
Red (Move Strength) – price movement intensity.
-
Quick Interpretation:
-
Both rising: trend confirmation.
-
Move Strength , Volume : weak or false breakout.
-
Volume , Move Strength : accumulation or distribution.
-
Crossovers: possible momentum shift.
Features:
-
Clear dual-line display of volume and volatility.
-
Adjustable smoothing and normalization.
-
Works on all instruments and timeframes.
Use It To:
Spot trend strength, validate momentum, and detect divergences between volume and price action.
