The All Volume Forex indicator for MT4 displays a currency pair’s average trading volume in the form of colored bars.
Just load it to the chart and the colored volume bars will popup in a sub-trading window underneath the activity chart.
The indicator works on all trading instruments (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..).
Indicator Example Chart (EUR/USD H1)
How to trade with it (example)?
Combine the volume indicator with your favorite trading strategy or system for accurate trade entry and exit.
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Time frame, fast length, fast mode, slow length, slow mode, alert mode, alerts, color settings & style
Indicator type: volume
Repaint? Does not repaint the volume bars on the chart.
Works for any trade style: scalping, day trading and swing trading .
The All Volume Forex indicator for MT4 can’t be utilized as a standalone signals indicator.
Combine with trend trading indicators and/or price action to find the perfect entry and exit.
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the all-volume-average-indicator.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.