Volume : The Truth of Secret !! - page 28

 

This volume indicator is based on THD volume analysis, which is from tradershelpdesk. I think they incorporated the cumulative volume analysis, but not sure. They dont have indicators for metatrader, some traders made this mt4 version, I got it from some other forums. It is a good volume indicator anyway.

Files:
 

Many thanks VSAtrader for your indicator

By the way Do you have any VSA MTF indicator

Thanks again

 

I can't find the real VSA bar/chart (HLC) indi

Does anyone can share it ?

Thanks

 

hello bro hafiz , thanks for sharing with us

on my chart, braintrend arrows do not show up

i tried on many brokers MT4, how to display braintrend arrows ?

i can see braintrend are in the list of indicators..

 

Mrtools is it possible to make this into single line bar histogram

tvi_v2.mq4

Thanks in advance

Files:
tvi_v2.mq4  9 kb
 
macerina:
Mrtools is it possible to make this into single line bar histogram

tvi_v2.mq4

Thanks in advance

Have you seen this one, https://www.mql5.com/en/forum/173131/page4 would be much easier to make is bar histo

 

Smoothed positive volume index (by Alexander Gettinger)

Formulas:

Smoothed PVI = MVA(PVI, Smooth period),

Signal = EMA(Smoothed PVI, Signal period), where

PVI - Positive Volume Index.
 

hi i dont understand how to use better volume what do the colors means?

 

Hi Forexchoice,

Here are the colors that I have for BetterVolume 1.5 and what they mean.

Please note - Colors may have been changed from your version...so check and match the colors based on the color numbers (eg: color1 = Climax High) for your version...

BetterVolume 1.5 Indicator

#property indicator_color1 LightSeaGreen.....// Climax High

#property indicator_color2 White.................// Neutral

#property indicator_color3 FireBrick..............// Low

#property indicator_color4 DodgerBlue.........// High Churn

#property indicator_color5 LightSalmon........// Climax Low

#property indicator_color6 Magenta..............// Climax Churn

#property indicator_color7 LightSeaGreen.....// MA

Do a search and you can find some good articles describing how these BetterVolume colors works and what they mean.

Hope this helps,

Robert

PS - The dots are only for formatting for this post to make them line up to see easier...

 
forexchoice:
hi i dont understand how to use better volume what do the colors means?

Forexchoice, in addition to what Robert shared here is a little more information on the indicator. Important thing to remember though as probably most of us are retail forex traders very unlikely we will see real volume.