Ogee wrote: Fri Aug 11, 2023 3:48 pm Hi, the default mt4 volume indicator installed should do as you ask (red for lower vol than previous candle, green for higher vol). Some imported custom vol indicators instead use colours that match the candle colour.

All mt4 volumes are tick vol and not real vol. Other platforms might use real vol if linked to an exchange, except for forex which is always tick vol as their is no central exchange from which to derive real vol data.