Therefore, besides the normal colored histogram of the standard volumes indicator, the Volume with MA and color of candle Indicator For MT4 plots an additional blue line, which represents the moving average of the volumes. Interpreting the Volume with MA and color of candle Indicator For MT4īefore we get into how the indicator works, it is important to point out that the moving average we are talking of in this indicator is not the moving average of the market prices but the moving average of the volume indicator. Trading ideas with the Volume with MA and color of candle Indicator For MT4Īs stated above, the Volume with MA and color of candle Indicator For MT4 helps you make the best out of the volume indicator and we shall get into details of how to use the indicator to make profitable trades. Therefore, with the addition of the Moving Average and the colour legend for the candles it does alleviate some of the complexity which comes with volume analysis and trading: the goal in trading and analysis is to grow your portfolio and transform your trading analysis from complicated to simplified, and therefore this indicator has the power to help you achieve these goals through correct and discipline use.Īlerts In Real-Time When Divergences Occur Volume is an important aspect in trading and not everybody knows how well to interpret the volume parameter. The Volume with MA and color of candle Indicator For MT4 is an indicator which is an upgrade to the standard volume indicator with modifications which includes a Moving Average and a colour legend defining the type of candle in that specific period. Volume with MA and color of candle Indicator For MT4 - Conclusion.Volume with MA and color of candle Indicator For MT4 - Sell Entries.Volume with MA and color of candle Indicator For MT4 - Buy Entries.Interpreting the Volume with MA and color of candle Indicator For MT4.Trading ideas with the Volume with MA and color of candle Indicator For MT4.Volume with MA and color of candle Indicator For MT4.Volume with MA and color of candle Indicator For MT4
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