Better volumes MTF indicator

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Better volumes indicator

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Hello again!

This is my new indicator for VSA traders or just those traders who using tick volumes in their trading process.

This is multiple timeframe version it means this indicator can show you higher timeframe data on current chart this is very handy and many traders using this to identify strong patterns and support\resistance levels earlier than price actually will make that movements.

Let’s check settings:

Better volumes insicator settings

 

TimeFrame – you can choose any timeframe from the list or leave it by default for current TF.

MaPeriod – signal moving average period which helping to you to separate low volumes bars

LookBack – period of the indicator  to find exremum volume values

This is example of setup:

Better volumes indicator

upd : removed NumbersOfBars parameter

Installation:
Place the indicator’s ex4 file to your metatrader4 indicators directory.

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Software Name
Projectreaper Better volumes MTF indicator
Terminal
Metatrader4
Software Category
Forex Indicator
Price
USD 0
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