jmhuang: this indicator acts as some sort of support and resistance? it can be used as target profit it seems. would be good to explain its uses?
Yes, it can be used as support and resistance levels. Where there were much earlier volumes, it is likely that at the current moment the price will stop there and may turn around. It is advisable to use in conjunction with other indicators.
I don't know why I couldn't post a review. I would give it 10 stars!!!!!
This indicator works absolutely perfect for a take profit level.
this indicator acts as some sort of support and resistance? it can be used as target profit it seems. would be good to explain its uses?
Yes, it can be used as support and resistance levels. Where there were much earlier volumes, it is likely that at the current moment the price will stop there and may turn around. It is advisable to use in conjunction with other indicators.
Hello,
can I ask, what are the best settings for 1 hour time frame , thanks
Hello,
can I ask, what are the best settings for 1 hour time frame , thanks
these settings may be suitable for EUR/USD, 5-digit account
Also, there is a version for the MT5 platform:
https://www.mql5.com/en/market/product/65562
If you need alerts and other settings, try the improved version:
https://www.mql5.com/en/market/product/67332