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Middle Volume

FREE

Published: 8 March 2018

Current version: 1.0

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Overview
Reviews (2)
Comments (3)

Middle Volume

3.5

The indicator measures volumes on different charts and instruments.

Its main advantage is the ability to compare separate brokers.

The less Middle Volume and Tick / Second, the more reliable is the broker.

There is a comment in the upper left corner

Comment data:

Tick/Second — number of ticks per second for a selected instrument
Middle Volume — average volumes in the penultimate bar

This indicator allows tracking a relative market activity for different timeframes.

If the volumes are lower than the average middle line, the market is inactive;
If the volumes exceed the blue middle line, the market is trendy

How to configure the indicator?

Bar — dimension of the array where the indicator is calculated
P — volumes averaging period

To change the parameters, right-click on the chart, Charts => Indicators List => Midl Volume => Edit.

The indicator window will appear. Set the parameters.

Save the template: right-click on the chart, Charts => Template => Save Template.

more...

AdamSnailham 2021.06.04 07:16 #

I found it useful on a 4 hour charts to see the best time to trade with good volume.

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ekmql 2021.06.26 20:20 #

should have an alert to the cell phone with configurable level

AdamSnailham 2021.06.04 07:16 #

I found it useful on a 4 hour charts to see the best time to trade with good volume.