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:
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:
upd : removed NumbersOfBars parameter
PRO TIP :
You can get a signal from a combination of indicators.
Follow the link to learn how to combine two or more signal alert indicators together http://projectreaper.pw/en/how-to-combine-two-or-more-signal-alert-indicators-together/
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder