Normalized Volume MT5 Indicator - forexa robot

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Normalized Volume MT5 Indicator FREE Forex MT4 Indicators

Name: Normalized Volume MT5 Indicator FREE Forex MT4 Indicators
Brand: ebooklovers
Price: 19.99 USD
Availability: InStock

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Normalized Volume is an indicator showing the normalized volume value. It displays the average volume within the bars range, in the form of a colored histogram with a threshold value.

It has two input parameters:

Period – normalization period
Threshold – threshold level

Calculation:

VolumeNorm = Volume / MA * 100.0

where:

MA – SMA(Volume, Period)
Volume – tick volume

If VolumeNorm is greater than Threshold
Histogram bars are colored green.

Otherwise
Histogram bars are colored red.

MT5 Indicators – Download Instructions

Normalized Volume MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

Normalized Volume MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

How to install Normalized Volume MT5 Indicator.mq5 to your MetaTrader 5 Chart?

Download Normalized Volume MT5 Indicator.mq5
Copy Normalized Volume MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
Start or restart your Metatrader 5 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
Right click on Normalized Volume MT5 Indicator.mq5
Attach to a chart
Modify settings or press ok
Indicator Normalized Volume MT5 Indicator.mq4 is available on your Chart

How to remove Normalized Volume MT5 Indicator.mq5 from your Metatrader 5 Chart?

Select the Chart where is the Indicator running in your Metatrader 5 Client
Right click into the Chart
“Indicators list”
Select the Indicator and delete

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