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XVolume - MetaTrader 5 Script - MQL5 #11392 - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

XVolume - indicator for MetaTrader 5

Khrestov Vladimir

Volume indicator. The histogram shows the volume of the price chart and the red line shows its average.

If the histogram is above average, it turns bright green. If the volume is below average, the histogram will turn gray.

The indicator uses the SmoothAlgorithms.mqh library class (must be copied to the terminal data folder \MQL5\include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

XVolume - indicator for MetaTrader 5

Figure 1. X Volume Indicator


Attachment download

📎 smoothalgorithms.mqh (134.03 KB)

📎 XVolume.mq5 (7.47 KB)

Source: MQL5 #11392

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