The Future Volume Indicator is a useful and popular Forex indicator for MT4. It is a free indicator that helps traders to identify the trading volume of a particular currency pair over a given period of time. The indicator uses a combination of price and volume to identify trends and reversals in the market. It also takes into account the number of buyers and sellers in the market, which can be used to identify potential entry and exit points. The Future Volume Indicator is easy to use and understand. It is displayed as a histogram on the chart, with a positive value indicating an uptrend and a negative value indicating a downtrend. The indicator can be used to identify potential entry and exit points in the market, as well as to identify potential trend reversals. The indicator is also useful for determining the strength of a trend, as it takes into account both price and volume. The Future Volume Indicator is a great tool for both beginner and experienced traders, and can be used to help make informed trading decisions.
MT4
Future Volume
The Future Volume Indicator is a useful and popular free Forex indicator for MT4. The indicator works by measuring the total volume of trades that have been completed on the currency pair in a given period of time. It then compares this number to the average volume of trades over the same period of time. The indicator is easy to use and can be combined with other technical indicators to improve accuracy.
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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.
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