The Volume Average Indicator for MT5 is a useful and popular free Forex indicator that can help you get a better understanding of the markets. This indicator allows you to track the average volume of a currency pair over a certain period of time, giving you an idea of the strength of the current trend. The indicator is easy to use and can be installed in just a few minutes. The Volume Average Indicator works by calculating the average volume of a currency pair over a given time period. This indicator can be used to identify potential entry and exit points in the market. By looking at the average volume of a pair, you can get an idea of how strong or weak the trend is. If the volume is increasing, it could indicate that the trend is gaining strength, while a decrease in the volume could indicate that the trend is weakening. With this indicator, you can stay ahead of the market and make better trading decisions.
MT5
Volume Average
The Volume Average Indicator MT5 is a popular and free Forex indicator that is useful for traders looking to gain insight into the market. This indicator measures the average volume of a security over a given period of time and is often used to determine the strength of a trend. It is a great tool for traders looking to gain an edge in the Forex market.
Trading Style | |
---|---|
Indicator Type | |
Timeframe | , |
Platform |
0
People watching this product now!
Category: Volume
Downloads - 96
Description
Reviews (0)
Be the first to review “Volume Average” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Tick Volume
The Tick Volume Indicator is a popular and useful free Forex indicator for MT4 trading platforms. It is used to measure the amount of trading activity in the Forex market by monitoring the number of transactions that occur in a given period. The indicator works by counting the number of ticks that occur in a given period. The indicator then calculates the total number of ticks during that period and displays the results in an easy-to-read chart. The Tick Volume Indicator is a great tool for traders who want to gain a better understanding of the Forex market and make smarter trading decisions.
Percentage Volume Oscillator
The Percentage Volume Oscillator (PVO) is a popular and free forex indicator for the MetaTrader 4 (MT4) trading platform. It is useful in measuring the strength of a trend by comparing the volume of a particular period to the volume of the previous period. It is calculated by subtracting the 26-period exponential moving average (EMA) of volume from the 12-period EMA of volume. The PVO can be used to identify potential reversal points in the market, as well as possible breakouts and trend continuation signals.
Scalper Dream
The Scalper Dream Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders to analyze the market and make informed decisions. The indicator is designed to provide clear entry and exit signals, helping traders to maximize their profits. The Scalper Dream Indicator is easy to use, and it provides traders with a comprehensive overview of the market. The indicator is free to use and can be downloaded from the Indicatorspot website.
Volume Profile
Unlock your forex trading potential with the Volume Profile Indicator. Identify key support and resistance zones, discover entry and exit opportunities, and customize settings to tailor your analysis. Benefit from its visual lines and bars for a comprehensive market profile. The indicator is free to use and works on any chart timeframe, making it accessible to all types of Forex traders.
Ticks Volume
The Ticks Volume Indicator is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. The indicator uses the total number of ticks for each bar and displays the information in a separate window. The indicator is highly configurable and can be used to analyze different timeframes and currency pairs. The indicator is free to download and easy to install in the MT4 platform.
Reviews
There are no reviews yet.