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Volume Analysis Indicator MT4

This indicator integrates the Bollinger Band strategy in calculation with a volume-over-MA
calculation to further narrow down "Areas of Interest" levels for a potential re-test zone to the right of the chart.

We added a Moving Average calculation for a multi-level cloud and further broke down more conditions to highlight both
volume flow crossover on the High and Extreme High MA's and also high and extreme high volume spikes on set period average
without bull\bear conditions. Original Bull/Bear Spikes are still viewable.


Setting:

= Updated to color the Histogram Green for Buy Red for Sell and that the volume spike happens when volume touch the upper Green Band moving Line.


Release Notes:

Next Update V2 will include signal indicator for Buy & Sell Trades.


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Oscillators and Volatility: Oscillators like RSI and Stochastic are particularly useful in assessing the market sentiment and potential turning points in volatility. However, it's essential to use them in conjunction with other indicators and analyses for a comprehensive view. Divergences between price movements and oscillator readings can be powerful signals. For example, if a volatility index is making new highs, but the oscillator fails to confirm these highs, it may indicate weakening momen
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AK Edge Scalping Indicator
Ahmad Ar Abedalaziz Alazaizeh
This automated AK Edge Scalping Indicator can be employed to oversee trades and identify optimal entry points for all time frames and both buying and selling when the price starts trending upwards or downwards. It is designed to recognize zones for Sell/Buy trades by utilizing the Moving Average and the MACD. Additionally, it incorporates the Average True Value to fine-tune the Stop Loss and the Take Profit. It can be effectively used in conjunction with other strategies to facilitate prompt en
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Forex and Gold OBI Signal
Ahmad Ar Abedalaziz Alazaizeh
Forex and Gold OBI is an innovative indicator based on a study of price and market dynamics, utilizing the RSI indicator. This indicator helps you find the best moment to enter the forex market by signaling when the market is in overbought or oversold conditions. Moreover, The indicator calculates two possible targets and the stop loss for each trade, allowing you to optimize your risk/reward ratio. Price This indicator is easy to use and set up, working with any currency pair and timeframe. If
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This indicator filters the Zigzag indicator to calculate the main support and resistance levels. Variables minimum gap between peaks : is the distance (GAP) between the peaks of the Zigzag peaks sensitivity : Minimum number of nearby peaks look back: it means that it has to test the last 50 peaks in the Zigzag object name perfix: a prefix for level’s line name on chart
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