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Normalized Volume indicator for MT4

Normalized Volume

99% of indicators are based on price analysis.
This indicator is based on volume. Volume is overlooked piece of information in most trading systems.
And this is a big mistake since volume gives important information about market participants.
Normalized Volume is an indicator that can be used to confirm reversal points.
The indicator code volume with colors indicating high, normal and low volume.
You could enhance dramatically your trading system using volume analysis. 

Inputs of the indicator are:
  • Period: period to be used to calculate normalized volume
  • LowVolume: normalized volume level to be considered as low
  • NormalVolume: normalized volume level to be considered as normal

Trading requires an edge over the market. Volume could be your edge over other participants who do not use volume.
The indicator can be used with any time frame.
The indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities, and Cryptos.

Other indicators for MT4:
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(Currently 30% OFF) Before reading the description of this indicator, I just want to introduce to you following concept Moving Average Line - Typical moving average which is based on one chart alone.  Currency Strength Line - The moving average of a certain pair in which the strength is based on 28 pairs. Can be said as the real moving average line. Moving Average indeed is one of the most popular indicator which almost every trader use. Currency Strength Meter is also a trend indicator whic
Shepherd Harmonic Pattern
Abdullah Alrai
4.65 (49)
Dieser Indikator erkennt harmonische Muster, die manuell oder automatisch auf dem Chart gezeichnet wurden. Sie können das Benutzerhandbuch unter diesem Link einsehen: Fügen Sie Ihre Bewertung hinzu und kontaktieren Sie uns, um es zu erhalten. Es gibt eine kostenlose Version, um dieses Produkt auf MT4 auszuprobieren. Sie können es verwenden, um Gartley- und Nenstar-Muster zu erkennen: https://www.mql5.com/en/market/product/30181 Sie können die vollständige MT4-Version von kaufen: https://www.mql5
Currency Strength Matrix
Raymond Gilmour
4.5 (26)
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
Currency Strength Exotics
Bernhard Schweigert
4.87 (31)
Stärke von 8 Währungen plus EIN EXOTISCHES Paar oder Rohstoffe oder Indexe! Jedes Produkt kann als 9. Linie hinzugefügt werden. Fügen Sie Rohstoffe, Indexes oder exotische Währungen hinzu (Gold, Silber, Öl, DAX, US30, MXN, TRY, CNH ...). Eine neue noch nie dagewesene TRADING STRATEGIE  !!! Dieser Indikator ist einzigartig, weil wir eine Reihe von proprietäre Funktionen und neue Formeln eingebaut haben. Es funktioniert für alle Zeitrahmen. Basierend auf neuen zugrunde liegenden Algorithmen ist
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Igor Pereira Calil
5 (1)
Bombenbanksignal: Ihr Vertrauensindikator in MetaTrader 4 Bomb Bank Signal ist ein leistungsstarker Indikator für MetaTrader 4, der entwickelt wurde, um die relevantesten Trends auf dem Finanzmarkt zu identifizieren. Wenn Sie nach einem Tool suchen, das Bewegungen genau vorhersieht, ist die Bomb Bank der Verbündete, den Sie brauchen. So funktioniert es: Dieser Indikator kombiniert drei unterschiedliche Methoden – Volumenanalyse, Kerzenschließungen und symmetrischer Trend –, um Kauf- und V
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Version 2.50 2023.07.02
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