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Re: MT5 Volume indicators
Posted: Thu Jun 23, 2022 4:23 pm
by ego eimi
mrtools wrote: Wed Jun 22, 2022 2:39 am
Added divergence and zero cross alerts.
do you have any tools you can recommend that work greatly together with this tool
Re: MT5 Volume indicators
Posted: Thu Jan 04, 2024 10:51 am
by JohnnyRy
Banzai wrote: Tue Apr 12, 2022 2:49 am
So I guess I just rename it to "RVOL.mq5"
This thing is great for setting the trading timer in an EA!
Re: MT5 Volume indicators
Posted: Wed Feb 28, 2024 11:57 am
by mrtools
From Mladen Rakic:
Theory:
Volume weighted moving average is similar to some other weighted averages, except that it is using the volumes for weighting the prices. That way the price when the volume (tick volume or real volume) is high is more emphasized than the price where the volume is low
This version:
Chose the volume type which you wish to use for volumes. You can choose:
tick volumes
real volumes
Is using Volume Weighted Moving Averages and is applying the "correcting" method invented by dr. Alexander Uhl to produce a new "corrected" generalized DEMA. It also has floating levels for easier trend determination. Coloring methods supported are the following :
color change on slope change
color change on outer (floating) levels cross
color change on middle (floating) level cross
color change on average (GDEMA) value cross
Usage:
If your broker does not have real volumes, the indicator will assume that the volume is equal to 1 and in that case the average will be the same as SMA (Simple Moving Average). In all the other cases, it will depend on the underlying volumes. Depending on the choice of color change, you can use the color change as signal.
I added a few more volume averages to choose from it now has:
* Volume weighted ema
* Volume weighted fast ema
* Volume weighted relative moving average
* Volume weighted moving average
Re: MT5 Volume indicators
Posted: Fri Apr 26, 2024 5:12 am
by mrtools
This is a mt5 version of Hawkeye volume. Added a volume type in case your mt5 broker offers real volume.
Re: MT5 Volume indicators
Posted: Fri Apr 26, 2024 3:08 pm
by Mickey Abi
mrtools wrote: Wed Feb 28, 2024 11:57 am
From Mladen Rakic:
Theory:
Volume weighted moving average is similar to some other weighted averages, except that it is using the volumes for weighting the prices. That way the price when the volume (tick volume or real volume) is high is more emphasized than the price where the volume is low
This volume with hull looks very good .. ..
Is there a MT4 version of the Cor Volume Indi ?
Re: MT5 Volume indicators
Posted: Sat Apr 27, 2024 12:46 am
by JohnnyRy
Mickey Abi wrote: Fri Apr 26, 2024 3:08 pm
Is there a MT4 version of the Cor Volume Indi ?
I believe that mladen coded it for MT4 without all of the bells and whistles, but you should verify it's output because I can't do so without MT4:
Re: MT5 Volume indicators
Posted: Sat Apr 27, 2024 1:54 am
by kvak
Mickey Abi wrote: Fri Apr 26, 2024 3:08 pm
This volume with hull looks very good .. ..
Is there a MT4 version of the Cor Volume Indi ?
In
THIS indicator is some volume weighted averages.
You may try.
Re: MT5 Volume indicators
Posted: Sat Apr 27, 2024 2:33 am
by mrtools
Mickey Abi wrote: Fri Apr 26, 2024 3:08 pm
This volume with hull looks very good .. ..
Is there a MT4 version of the Cor Volume Indi ?
Posted a version
here
Re: MT5 Volume indicators
Posted: Mon Aug 26, 2024 5:28 am
by mrtools
me100rabh wrote: Mon Aug 26, 2024 2:36 am
Dear mrtools sir,
Can you please provide MT5 version of this Indicator? I really need it's MT5 version. Hope you consider my request.
Thanks!
The dynamic zone dll doesn't work anymore for mt5 so made a version out of Quantile bands which is very close to dynamic bands.
.
Re: MT5 Volume indicators
Posted: Thu Dec 19, 2024 5:45 am
by mrtools
alphinz wrote: Thu Dec 19, 2024 4:57 am
Could someone please convert this into MT5 Thanks!
Did this version, since I have heard some mt5 brokers offer volume, this one you have a choice between so-called real volume or tick volume.