The Trading Volume Indicator is a useful and popular free Forex indicator for MT4 that can help traders analyze and identify the strength of a trend. It is based on the total volume of trades made in the market over a given period of time. The indicator plots a histogram that shows the difference between the buying and selling volume of a currency pair. If the buying volume is higher than the selling volume, then the histogram will be positive, indicating a bullish trend. Conversely, if the selling volume is higher than the buying volume, then the histogram will be negative, indicating a bearish trend. The Trading Volume Indicator is easy to use and understand. All you need to do is to attach the indicator to your chart and it will automatically plot the histogram. The indicator is also customizable, allowing you to adjust the time period and the colors of the histogram. The Trading Volume Indicator is a great tool for traders who want to get an idea of the strength of a trend.
MT4
Trading Volume
The Trading Volume Indicator is a useful, free Forex indicator for the popular MT4 platform. It is designed to help traders measure the volume of a currency pair in order to get an idea of the strength of the current trend. The indicator is easy to use and can be used to identify entry and exit points. The Trading Volume Indicator is a popular tool that can be used by traders to identify potential trading opportunities in the Forex market. It is a useful tool for both novice and experienced traders and is free to download and use.
Timeframe | |
---|---|
Platform |
0
People watching this product now!
Downloads - 151
Description
Reviews (0)
Be the first to review “Trading Volume” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Tick Volume
The Tick Volume Indicator is a popular and useful free Forex indicator for MT4 trading platforms. It is used to measure the amount of trading activity in the Forex market by monitoring the number of transactions that occur in a given period. The indicator works by counting the number of ticks that occur in a given period. The indicator then calculates the total number of ticks during that period and displays the results in an easy-to-read chart. The Tick Volume Indicator is a great tool for traders who want to gain a better understanding of the Forex market and make smarter trading decisions.
Weis Volume
Discover Weis Wave Volume Indicator for MT4, a free tool by David Weis. Spot market openings & trends with wave-like volume patterns. There are no simple buy/sell signals but insights on demand & supply strength. The indicator is easy to use and is a great tool for any trader looking to gain insight into the market.
Advanced ADX
The Advanced ADX Indicator is a popular and free forex trading tool designed for MT4 platform. It provides traders with accurate trend direction signals by analyzing the strength of the market trend. The Advanced ADX Indicator is a new addition to the forex indicator market and has gained popularity among traders due to its ease of use and accuracy. It is a must-have for any trader looking to improve their trading strategy and profitability.
Scalper Dream
The Scalper Dream Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders to analyze the market and make informed decisions. The indicator is designed to provide clear entry and exit signals, helping traders to maximize their profits. The Scalper Dream Indicator is easy to use, and it provides traders with a comprehensive overview of the market. The indicator is free to use and can be downloaded from the Indicatorspot website.
Better Volume New Alerts
The Better Volume New Alerts Indicator is a popular, free and useful Forex indicator for MT4. The indicator uses a unique algorithm to analyze the volume of a given currency pair, and then displays a graphical representation of the volume to indicate when a trend is forming. This allows traders to quickly identify when a trend may be forming and take advantage of it. This makes it an invaluable tool for traders of all levels.
TPO Volume
The TPO Volume Indicator is a useful and popular free Forex indicator for the MT4 trading platform. It provides a visual representation of the volume of transactions that occur during a given time period. The TPO Volume Indicator plots the volume of transactions on a chart, and also displays the average volume for the same period. The TPO Volume Indicator is a great tool for traders to use to identify when to enter or exit a trade, and it can be used to help them identify potential opportunities.
Reviews
There are no reviews yet.