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VolumeXover

4

This indicator determines minimum volumes needed during a candle formed so that it would be higher than current volume's average. Although you can place MAs on your volume indicator, this indicator has non-repaint characteristic so you may not to worry about sudden volume increase. This indiator also draw volume indicator for its own.

Input Description:

  • period: Period used for indicator. Must be higher than 1.

Output Description:

  • VolumeXover: This indicator's main feature. During the time the volume indicator is higher than this line, the volume on that candle is higher than current volume's average. Depicted in dotted yellow line.
  • 2 Volume values: These are needed to draw volume histograms. Works like a MT4's default Volume indicator.
Avis 4
ema144
24
ema144 2022.05.12 08:29 
 

It's Great !!!!!!!!!!!

contactmargot
14
contactmargot 2020.03.15 22:41 
 

Nice indicator. Thank you,

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Are you using Awesome Oscillator? Wonder at which High and Low prices this indicator colored Green? Red? This indicator helps you determine those limits. GET 20% OFF for renting for 1 year! Yellow line is called Upper Line, and Red line is Lower Line. BUY SIGNAL In this case, last bar's AO color would be colored Green. Both Open and Low Price above the Lower Line. Close price crosses the Upper Line from below. SELL SIGNAL In this case, last bar's AO color would be colored Red. Both Open and
Filtrer:
Bobkiesa
34
Bobkiesa 2022.11.02 03:23 
 

I have been using a horizontal trend line for years to gauge the stronger activity by volme. Since I applied this one and found it followed in a similer manner. But the VXover actualy calculates it over the set periods we can choose. Much better than my gues work. I trade the 4H TF and so set the VXover to 12 being 2 days data. Very nice and acurate for the current trend.

ema144
24
ema144 2022.05.12 08:29 
 

It's Great !!!!!!!!!!!

ekmql
184
ekmql 2021.06.26 20:18 
 

I don't know how it works, I should have an alert to the cell phone with a configurable level

contactmargot
14
contactmargot 2020.03.15 22:41 
 

Nice indicator. Thank you,

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