Indicators for МТ4 / Volume Indicators

Indicator of Volume

Volume Indicator shows summary information for total volume orders in the each bar. This information visualize situation of trading on the world exchanges. Usually, the volumes spikes are signal of stopping of current trend. It does not mean reverse of trend because the market is still active and usually for reverse it may strike last peak but with less volume. You can see divergence between indicator and price peaks.

This is not only one description of using of this indicator. You can use it with VSA patterns.

ClusterDelta_Volume_3.5

Standart Volume indicator use system library, it can download data only in foregroung mode so this does effect to terminal like freezing during loading data.

The length of history limited to 14 days on lower timeframes and 60 days higher than M15. This realisation of indicators was first and it was developed some years ago but indicatos are still in Standart subscription. Now we try to increase usability of Premium series due to conception of getting data so we kindly recommend you change Standart indicators to Premium.

Description of parameters:

• Comment_Instrument (default value "--- Futures Ticker or AUTO ") - this is just text comment, it does not any effect to indicator
• Instrument (default value "AUTO") - The brokers can use different tickers on the same instruments so you can use name of exact futures to get data from it. On value "AUTO" server try to determine futures using broker's ticker name.
• MetaTrader_GMT (default value "AUTO") - each broker setup his MT server with different GMT. Unfortunately there are no bultin methods to determine it so server compares last time from terminal with its own.
• Update_in_sec (default value "12") - This parameter set frequency of data update (in seconds)

ClusterDelta_Volume_Chart_3.5

The modification of Volume indicator for drawing histogram directly to chart.

The length of history limited to 14 days on lower timeframes and 60 days higher than M15. This realisation of indicators was first and it was developed some years ago but indicatos are still in Standart subscription. Now we try to increase usability of Premium series due to conception of getting data so we kindly recommend you change Standart indicators to Premium.

Description of parameters:

• Comment_Instrument (default value "--- Futures Ticker or AUTO ") - this is just text comment, it does not any effect to indicator
• Instrument (default value "AUTO") - The brokers can use different tickers on the same instruments so you can use name of exact futures to get data from it. On value "AUTO" server try to determine futures using broker's ticker name.
• MetaTrader_GMT (default value "AUTO") - each broker setup his MT server with different GMT. Unfortunately there are no bultin methods to determine it so server compares last time from terminal with its own. During any periods while market is off you should adjust this parameter manually.
• Update_in_sec (default value "12") - This parameter set frequency of data update.
• Comment_Expert (default value "--- Expert Settings ") - this is just text comment, it does not any effect to indicator
• Zoom (default value "25") - value (in percent) of height of whe window from bottom. This part of window will be used for displaying histogram
• LineColor (default value "DodgerBlue") - color of Volume Histogramm bars
• Comment_On_TimeFrame (default value "(0-All, 1-M1, 2-M5, 4-M15, 8-M30, 16-H1, 32-H4, 64-D1) - can be mixed" - this is tip how to use parameter Only_On_Timeframe
• Only_On_TimeFrame (default value "0") - with this parameter you can display data on different timeframes. Bultin filter for "displaying on timeframes" does not work for some objects so you should adjust it manually. For displaying data on the different timeframe find sum of digits related to timeframe and put it in the parameter. For example if you want to see indicator on M5 and H1 you have to add 2 and 16, and set the result "18" into the field. "0" - means that indicator visible on all timeframes.

Download indicators