Time frames: M1, M5, M15, M30, H1, H4, D1, W1Ĭopy and paste the indicator in the MT4 indicators data folder. When in combination with the Relative Vigor Index, the decision-making process becomes less cumbersome.ĭownload the “buy-sell-volume-indicator.ex4” MT4 indicator Tips: The Buy Sell Volume MT4 Indicator is a handy technical tool that offers a versatile approach in confirming market trends. Sell Signal: Go short when the Buy Sell Volume MT4 indicator prints magenta and blue lines that crosses above the lines (red and green) of the Relative Vigor Index indicator.Įxit buy trade: Close all buy orders if while a bullish trend is running, the lines (magenta & blue) of the Buy Sell Volume indicator intersects the green and red lines of the Relative Vigor Index indicator within the sub-window.Įxit sell trade: Close all sell orders if while a bearish trend is ongoing, the lines (magenta & blue) of the Buy Sell Volume indicator intersects the green and red lines of the Relative Vigor Index indicator within the sub-window. Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.įinding Buy and Sell Triggers With The Buy Sell Volume MT4 Indicatorīuy Signal: Go long when the Buy Sell Volume indicator prints magenta and blue lines that crosses below the lines (red and green) of the Relative Vigor Index indicator.
#Indicator sell and buy mt4 free
The Buy Sell Volume indicator is suitable for short-term and long-term trading, considering the fact that volume is frequently viewed as a liquidity gauging tool.įeel free to explore the Buy Sell Volume MT4 indicator’s different parameters and settings to create your own personalized indicator setup.ĭownload the “buy-sell-volume-indicator.ex4” Metatrader 4 indicatorīuy Sell Volume Forex Indicator Chart (GBP/USD M5 Chart Example).When price keeps declining on an increasing volume reading from the Buy Sell Volume indicator, market is believed to be gaining momentum for a bear move.When price continues to surge on a decreasing reading from the Buy Sell Volume MT4 indicator, watch out for a likely trend reversal.TD Sequential Ultimate displays the Buy and Sell Setup. The rise and fall of the lines can be used to forecast trend direction with 75% accuracy. The PZ Turtle Trading Indicator is a simple MT4 indicator that tells about the breakout levels. The indicator pops up within a sub-window with green and red lines, which I’ve substituted with blue and magenta. On the other hand, a low buy sell volume indicator reading shows that the market is less actively traded. When the indicator shows a high volume reading, then the market is said to be actively traded. The Buy Sell Volume Metatrader 4 indicator tracks the number of contracts being traded within a specified time frame.
0 kommentar(er)
