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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.
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
Mrtools is it possible to make this into single line bar histogram
tvi_v2.mq4
Thanks in advanceHave 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)
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...
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.