Tag: volume indicators


New VWAP Indicator MT4

New VWAP Indicator MT4

The New VWAP Indicator 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. Free download is available. Sounds interesting? Let’s take a closer look at it. New VWAP […]

Weis Wave Volume Indicator MT4

Weis Wave Volume Indicator for MT4

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 MT4

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 […]

T3 Volume Average Indicator

T3 Moving Average Volume Indicator for MT4

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 […]

WPR Histogram Vol Indicator

WPR Histogram Vol Indicator for MT5

Introduction to the WPR Histogram VolIndicator 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 […]

Waddah Attar Explosion Indicator

Waddah Attar Explosion Indicator for MT4

Introduction to the Waddah Attar Explosion Indicator The Waddah Attar Explosion Indicator is an advanced forex volume gauge that visualizes the balance between positive and negative trading volumes. These volumes come in handy for predicting upcoming market trends. Signals provided by that forex indicator need some interpretation so it’s intended for a bit more advanced […]

Price Volume Trend Indicator

Price Volume Trend Indicator for MT5

Introduction to the Price Volume Trend Indicator The Price Volume Trend indicator reveals price trend as well as volume. It works in a similar manner to the standard On Balance Volume (OBV) indicator. The amount of the volume that needs to be added to the most recent value is determined by the value of price […]

Volume Profile on Time Range Indicator

Volume Profile on Time Range Indicator for MT4

Introduction to the 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, […]

Drag & Drop Volume Profile Indicator

Drag & Drop Volume Profile for MT4

Introduction to the Drag & Drop Volume Profile Indicator The Drag & Drop Volume Profile indicator automatically identifies high-probability market turning points for you and instantly shows you low-risk trade entries and exits. To make the indicator display properly on the charts, you will need to turn to “true” the following settings option: “display volume […]

Hawkeye Volume Indicator

Hawkeye Volume Indicator for MT4

Introduction to the Hawkeye Volume Indicator The Hawkeye Volume indicator is a volume-based indicator that shows a histogram and confirms a trend’s strength in three colors. Green color reflects the bullish strength of a trend, red color bearish strength of a trend, and white color sideway strength (range or average volume). Remember that this indicator […]