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Old 03-26-2007, 01:18 AM
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New Voume Indicator is here !!
Hello ..

Volume is the missed component in Forex .. We shall here make a solution that needs some Help of the MQ4 programmers ..

In MT4 there is a Volume Indicator that measures the Tick Volume for each accompanying Candle.

We need to smoothen the Volume Histogram by another Histogram that measures a diffrence between Two Volume MA's.

ALL YOU NEED IS EXPLAINED IN THIS PICTURE
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File Type: gif Volume.GIF (43.0 KB, 1316 views)
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Old 03-26-2007, 03:15 AM
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Try this link http://www.xpworx.com/XP%20Volume.htm

You can thank Codersguru for it.

Here is the indicator
Attached Files
File Type: mq4 xpVolume.mq4 (1.8 KB, 254 views)
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Old 03-26-2007, 05:19 AM
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newbie here,

what is the function of volume?how to use it on trade?
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Old 03-26-2007, 01:22 PM
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thanx
My best thanx for mangman ..
My BIG kisses for Codersguru ..

I'm really so thankful for all of this ...

But : I still has to improve this as It's Histogram doesn't looks like what I want ...
I want that its histogram to look like that of MACD ..

THANX
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Old 03-26-2007, 01:44 PM
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hi
Quote:
Originally Posted by amenlo9
newbie here,

what is the function of volume?how to use it on trade?
volume represents quantity of people who take position buy or shell .

volume indicators are used to confirm the trend and the buying or selling pressure in that trend direction

higher volume make a price moving with strong trend ..up or down...

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Old 03-26-2007, 03:07 PM
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Thanks all for coding it ,I know that the volume is a VERY IMPORTANT indicator for trend reversals major big moves in the market.
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Old 03-26-2007, 06:21 PM
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omrangassan,
Ok I made the changes to fit your need.
As you may know, the 2 MA values of Volume can be adjusted externally.
Attached Files
File Type: mq4 xpVolume-2.mq4 (1.9 KB, 350 views)
Last edited by mangman; 03-26-2007 at 06:57 PM.
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Old 03-26-2007, 09:50 PM
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thaaaaaanx
I really can't say anymore , pal

For mangman .. I don't think that Thanx is enough ..

I'm really missing such friends , mangman ..

You are a one rarely could be found on earth ..

wish to got you as a friend .. can we have a chat ?

omran_indraws@yahoo.com
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Old 06-05-2007, 12:26 PM
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Quote:
Originally Posted by mangman
omrangassan,
Ok I made the changes to fit your need.
As you may know, the 2 MA values of Volume can be adjusted externally.
After installing this on my charts it initially looks great, but then fails to update. Am I doing something wrong?

Thanks.
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Old 08-01-2007, 04:21 PM
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Agree, but....
I agree....Volume is the missing link, but with no central data acquisition method/vehicle for the entire FX market, you're only getting your own broker's volume data.....please correct me if I'm wrong?
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