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Price Volume Divergence

The Price Volume Divergence Indicator MT5 is a free and popular Forex indicator that is useful for traders of all levels. The indicator works by comparing price and volume data to identify divergences. If the price is increasing while the volume is decreasing, this could indicate that the current trend is about to reverse. It is free, easy to install and use, and can help traders identify potential reversals and confirm existing trends.

Volume indicators are crucial analytical tools utilized in trading to assess the quantity and significance of market activity. These indicators offer insights into the intensity of buying and selling pressure within a given asset or market, aiding traders in identifying potential shifts in sentiment and market trends. By analyzing trading volume alongside price data, traders can make well-informed decisions and anticipate market movements with greater accuracy, enhancing their overall trading strategy and performance.