Introduction to the T3 Volume Average Indicator
The T3 Volume Average Indicator is a forex indicator that displays a red line based on Volume and Moving Average. The default period for Moving Average is 48, you can lower it to make it more sensitive, or increase for even more smoothed signals. Unfortunately, the creators of that forex gauge didn’t provide exact details on what is the nature of that tool or how to use it in trading. There are more T3 indicators that you can still check.
The T3 Volume Average Indicator fits all kinds of timeframes and currency pairs. It is displayed in a separate window placed just below the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the T3 Volume Average indicator in MetaTrader (MT4)?
Download the T3 Volume Average.rar archive at the bottom of this post, unpack it, then copy and paste the T3 Volume Average.ex4 or T3 Volume Average.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
The T3 Volume Average indicator is well worth adding to your trading collection. A good forex indicator will most probably enhance your chance of success. Nonetheless, remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it. Don’t forget that we still have more great free forex MT4 indicators to download and try.
Download Free Forex MT4 T3 Volume Average Indicator
To download the T3 Volume AverageIndicator for Metatrader 4 (MT4) for free just click the button below: