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Quantum Tick Volumes Indicator for MT5

5

Many Forex traders assume there is no volume in the foreign exchange market. And they would be correct. There is no central exchange, not yet anyway. And even if there were, what would it report?

What there is however is activity, and this is captured as tick volume. After all, volume is simply displaying activity, the buyers and sellers in the market. So for volume read activity, and for activity read volume – simple. The MT5 platform delivers tick data which the Quantum Tick Volumes indicator then displays in a more elegant and useful way.

First, the indicator paints the volume bars the same color as the candles on the chart. This means you can quickly match price and volume bars together. If you are trading using volume and price, this is imperative. Your analysis will depend on a fast interpretation of the volume price relationship.

Second, the indicator prints a dynamic level based on the daily data, giving you an instant picture of whether the volume is high, medium or low in the timeframe selected. Again, this is essential for correctly analysing the price volume dynamic. After all, what is average volume in the London session, may be high volume in the Asian session. The dynamic level reveals this instantly on the indicator, helping you make sense of the highs and lows of each volume bar.

Bewertungen 1
Forex-Spinner
499
Forex-Spinner 2023.07.08 05:56 
 

The indicator perfectly fit to what I was searching So much easier to read than the tick volume in the platform. The session average is very helpful identifyling validations and anomalies. Very helpful for VPA Volume Price Action Traders Thank you

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The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The Quantum VPOC indicator displays several key pieces of information on the chart as follows: Volume Profile - this appears as a histogram of volume on the vertical pr
The US dollar sits at the heart of all the financial markets. It is the currency of first reserve. It is the ultimate safe haven currency, and it is the currency in which all commodities are priced. It is the currency which every Forex trader should consider – first! Having a view of the US dollar is paramount in gauging market sentiment, attitude to risk, and money flows into related markets and instruments. If you know which way the USD is headed – the rest is easy. The Quantum DXY indicator g
Auswahl:
Forex-Spinner
499
Forex-Spinner 2023.07.08 05:56 
 

The indicator perfectly fit to what I was searching So much easier to read than the tick volume in the platform. The session average is very helpful identifyling validations and anomalies. Very helpful for VPA Volume Price Action Traders Thank you

Antwort auf eine Rezension
Version 1.1 2019.04.04
Fixed the bug that affected the last segment of the mid-point line especially in symbols with real volume