Volumes Emphasized v1.01 MT4

Currency Pairs: Any

Timeframes:  Any

Minimum Deposit: Any

Recommended Account Type: ECN or Raw Spread

Leverage: From 1:30 to 1:1000

Recommend broker: Roboforex
Recommend Vps: GoVPSFX
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Volumes Emphasized v1.01 indicator for MetaTrader 4 (MT4) is a tick volume analysis tool designed to compare the current volume with its average value for a given period.
It helps traders identify significant changes in market activity by highlighting key volume levels using colored histograms.

Key Features:
– Flexible Settings: The user can set the number of bars for calculating the average volume and set percentage limits for displaying histograms (for example, highlight volumes that are 2 times or more higher than the average).
– Color Coding: The indicator draws histograms of different colors depending on the ratio of the current volume to the average, which simplifies visual analysis.
– Signal Filtering: Used to filter out false moves, especially in strategies such as BinaryFX 3.0, where it confirms signals in combination with other indicators (e.g. MVX — Fibos).
– Application: Suitable for any currency pairs and timeframes, enhancing trend analysis and entry/exit points in trading systems.

Example of use:
In binary options strategies, the indicator can signal to buy a Put option when the price crosses the red line, MVX — Fibos shows a maximum, and Volumes Emphasized draws a vertical line on the next candle after the local minimum. This makes it a useful filter for increasing the accuracy of signals.