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Re: Volume Indicators for MT4

34 by FXphilosopher
Bornleader wrote:Thank you Mrtools for your contribution . Sir i am looking for a volume indicator which clears noise from the market and shows only major deals , transactions that happen which are shown on the chart in the form of big volume spike something like the indicator will only show the big buy or sell volume and filter the noise created buy normal traders by not showing their buy sell activity at all or in the form of very small spikes . The chart given below give a rough estimate . if you or anyone has any indicator which is similar or NEAR similar to this logic request you to kindly post
 Thank you . To summarize:Real Volume shows how many currency units tradedTransactions show how many orders executedTick Volume shows how often prices updated
 




Unfortunately, you can't really get that data (real volume and transactions) unless you are looking at COT, forex futures, or have access to direct bank feeds.  And even those would just act as "samples" of a larger population.

Re: Volume Indicators for MT4

35 by nevar
Bornleader wrote:Hi as mentioned in my earlier post even i was looking for this indicator so just posted the image so it if any on has it can share it but since Krelian99 has explained that he has already gone through it i will take his word from as he is volume enthusiast and specialist 
Let me burst the bubble...

This is buyers/sellers ratio in realtime...The data collected probably from myfxbook website by python script.That picture is an urban legend.As Mladen stated,it is hand drawn and far from holy grail

Re: Volume Indicators for MT4

37 by Bornleader
Thank for the information Mr. FXphilosopher you are right may be that is the case . May you always be blessed and always be happy & prosper by leaps & bounds 


FXphilosopher wrote:
Unfortunately, you can't really get that data (real volume and transactions) unless you are looking at COT, forex futures, or have access to direct bank feeds.  And even those would just act as "samples" of a larger population.

Re: Volume Indicators for MT4

39 by Jimmy
Bornleader wrote: Mon Apr 17, 2017 9:11 pm Hi Mladen again the same issue when i try to download this indicator as well " The selected attachment does not exist anymore. " really :) :) :) :) need this one

Hi mate, here it is again. Let me know if there's any issues.
Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions + How to draw Support & Resistance

Re: Volume Indicators for MT4

40 by Bornleader
Thank You Mr . Jimmy ,
I was able to successfully download the indicator & checked it & you where right its only good for scalping ...to many dots i wish it could have taken only major volume spikes for example only spike with increase of 100 % then the previous trading defined period some things like that ... anyways thanks a ton for your support your Help , Cooperation & coordination is highly appreciated . May you always be blessed & always be happy & may you always prosper by leaps & bound . Cheers ..MATE .. :) :) :) :)


Jimmy wrote: Mon Apr 17, 2017 9:59 pm Hi mate, here it is again. Let me know if there's any issues.

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