Volume Indicator

PipTick Volume Indicator is a great tool for measuring tick and real volume activity. It helps traders simply and quickly evaluate the current size of the volume. 

The indicator for the classification of the size of volume uses the moving average and its multiples. Accordingly, where the volume is located (relative to the moving average), it is labeled as ultra-low, low, average, high, very high, or ultra-high.

The Indicator Can Calculate Moving Averages by Four Methods

Interpretation of the Indicator

By default, six zones can be changed by the user. Depending on which zone corresponds to the volume, the bar of the histogram is colored by the appropriate color. This way you can easily recognize how high the volume is, in comparison with the previous bars.

Main Features

Input Parameters

Output Parameters

Screenshots

Demo Video

Purchase

All our products are available in the MQL5 market.

MetaTrader 4 version

MetaTrader 5 version