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Mean Volume indicator for MT5

Mean Volume

Most indicators are based on price analysis.
This indicator is based on volume. Volume is overlooked piece of information in most trading systems.
And this is a big mistake since volume gives important information about market participants.
Mean Volume is an indicator that can be used to spot when volume is above average.
It usually means that institutional traders are active.
Peak in volume can be used to confirm an entry since increased volume can sustain the move in one or another direction.
The indicator code volume with colors indicating bullish and bearish move in the price action.
You could enhance dramatically your trading system using volume analysis. 

Inputs of the indicator are:

  • Period: period to be used to calculate normalized volume

Trading requires an edge over the market. Volume could be your edge over other participants who do not use volume.
The indicator can be used with any time frame.
The indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities, and Cryptos.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
You can get the complete list of our indicators visiting our profile page.

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Cansado de traçar linhas de suporte e resistência? A Resistência de suporte é um indicador de período múltiplo que detecta e plota automaticamente linhas de suporte e resistência no gráfico com um toque muito interessante: conforme os níveis de preços são testados ao longo do tempo e sua importância aumenta, as linhas se tornam mais espessas e mais escuras. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Melhore sua análise técnica da noite para o d
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Stefano Frisetti
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Vahidreza Heidar Gholami
5 (2)
MetaForecast prevê e visualiza o futuro de qualquer mercado com base nas harmonias nos dados de preços. Embora o mercado nem sempre seja previsível, se houver um padrão nos preços, o MetaForecast pode prever o futuro com a maior precisão possível. Em comparação com outros produtos similares, o MetaForecast pode gerar resultados mais precisos ao analisar as tendências do mercado. Parâmetros de entrada Past size (Tamanho do passado) Especifica o número de barras que o MetaForecast usa para criar
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Was: $299  Now: $149  Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Quantum Trend Sniper
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4.73 (51)
Apresentando       Quantum Trend Sniper Indicator   , o inovador Indicador MQL5 que está transformando a maneira como você identifica e negocia as reversões de tendência! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos,       Indicador de Atirador de Tendência Quântica       foi projetado para impulsionar sua jornada de negociação a novos patamares com sua forma inovadora de identificar reversões de tendência com precisão extremamente alta. ***Com
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5 (3)
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Renaud Herve Francois Candel
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Renaud Herve Francois Candel
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OBOS indicator OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. Inputs of the indicator are: MaxBars : number of bars to display in your chart Smoothing period : number of ba
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Versão 1.30 2023.07.04
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