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Re: Something interesting please post here (Metatrader)

bilbao, Tue Apr 04, 2017 5:54 pm

Volume Spread Analysis text indicators for MT4

The indicator is base on "volume spared analysis". It shows the vertical text to indicate 

  • Upthrust
  • No demand bar
  • Stopping volume
  • No supply bar 
  • Reverse Upthrust

The indicator should use together with any kind of volume indicator and the support and resistance indicator. 

The external input parameters 

  • SpreadPeriod : this is for calculating the average of spread, 20 as default
  • VolumePeriod : this is for calculating the average of volume, 20 as default
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