Tag: volume indicators

New VWAP Indicator

The New VWAP Indicator for MT4, also known as the Volume-Weighted Average Price, displays the average price of a currency pair considering the volume of trades. The VWAP works by comparing three distinct lines, so you can determine the market volume. Analysis of the new VWAP indicator The VWAP indicator consists of three lines, each […]

Weis Wave Volume Indicator

The Weis Wave Volume Indicator for MT4 is a forex technical analysis trading tool that leverages both momentum and volume to gauge buying and selling pressure in the market. By measuring the intensity of price changes alongside the volume of trades, this tool provides insight into market trends. The wave structure of the Weis Wave […]

Trend Direction Force Index Indicator

The Trend Direction Force Index Indicator for MT4 in essence is a forex oscillator fluctuating between -1 and + 1 absolute levels – what’s more, it’s available to free download. The indicator’s formula uses a combination of price movement and volume to evaluate the force behind these price movements and to recognize potential changes in […]

WPR Histogram Vol Indicator

The WPR Histogram Vol Indicator is, as the name suggests, a forex volume indicator based on Williams Percentage Rate. It is developed on the following formula: WPR Histogram Vol = ( WPR + 50) * Volume. For quite understandable reasons, the recalculation of overbought and oversold levels in such a modified oscillator should be performed […]

Volume Profile on Time Range Indicator

The Volume Profile on Time Range indicator provides a volume profile for a specific period of time. The volume profile is displayed on the right side of the trading chart in the form of olive-green bars. The best entry points occur when the bars are small, so pay attention to candlestick patterns and small volume […]

Level Sensor Indicator

The Level Sensor Indicator is a forex technical analysis tool that show important market levels. It works in simmilar manner to the Market Profile. This indicator is plotted directly on the main trading chart on the right side. We suggest to use it as a filter for opening and exiting transactions. Go ahead and add […]

Buy Sell Volume Indicator

The Buy Sell Volume Indicator for MT4 provides the ultimate solution for volume-based trading. It serves as an automated trend filtering tool, catering to both forex and stock trading needs. Introducing the buy sell volume indicator The Buy Sell Volume Indicator comes in handy in determining strength and weakness of price movements. When participating in […]