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Normalized Volume MT5 Indicator

The indicator of normalized volume is called Normalized Volume. This indicator displays the average volume within the bars range in the form a colored histogram with the threshold value.

There are two input parameters.

  • Period - normalization period
  • Threshold- threshold

Calculation

VolumeNorm = Volume / MA * 100.0

Where:

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

  • If Threshold is higher than VolumeNorm
    Histogram bars are green.
  • Anders
    Histogram bars are red.

Indicators - Download Instructions

The Metatrader 5 (MT5) Indicator Normalized Volume MT5 is an indicator. Its purpose is to transform the accumulated historical data.

The Normalized Volume MT5 indicator allows you to spot patterns and peculiarities in price dynamics that are not visible to the naked eye.

This information allows traders to assume additional price movements and adjust their strategies accordingly. Click Here for MT5 Strategies

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How do you add Normalized Volume MT5 Indiator.mq5 in your MetaTrader 5 Chart.

  • Download Normalized Volume MT5 Indicator.mq5
  • Copy Normalized Volume.MT5 Indicator.mq5 into your Metatrader5 Directory / experts/ indicators
  • Metatrader 5 Client can be started or stopped
  • Choose Chart and Timeframe to test your mt5 indicators
  • You can search "Custom Indicators" using your Navigator, which is usually left in your Metatrader Client 5.
  • Right-click on the Normalized Volume MT5 Indiator.mq5
  • Attach a chart
  • Change settings or click ok
  • Your Chart has the Indicator Normalized Volume MT5 Indicator.mq4.

How do you remove the Normalized Volume Indicator.mq5 in your Metatrader 5 Chart.

  • Select the Chart in which the Indicator is running in your Metatrader Client 5.
  • Right-click to open the Chart
  • "Indicators list"
  • Select the indicator and click delete

Normalized Volume Indicator MT5 (Free Download)




Normalized Volume MT5 Indicator

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