Trading Volume Indicator

The Trading Volume Indicator is a simple MT4 indicator that tells you about the overall market volume. The indicator plots a bullish and bearish percentage graph and shows the market volume. The bullish volume is illustrated in green, while the bearish volume is mentioned in red. The Indicator determines the volume according to the timeframe, so every type of trader can use it. Trading Volume Indicator BUY/SELL signals The above GBP/USD H4 chart shows the indicator on the chart. To determine BUY and SELL signals, traders need to look at the overall market volume. If the market volume is bullish, traders can enter long and exit short positions. Conversely, if the overall volume is bearish, you can enter short positions or exit long ones. For further signal confirmation, you can use other indicators like the RSI or MACD. Conclusion The Trading Volume Indicator is a volume indicator that tells about the overall market volume. By determining the market volume, traders can enter their positions accordingly. Furthermore, you can download the indicator for free on our website.