Price and Volume Trends - MetaTrader 5 Script | Forex Indicator Downloads - MT4/MT5 Resources
Real author:
Classic Price and Volume Trend, PVT indicator ( Price and Volume Trend, PVT ) with added signal line.
The indicator's file uses the SmoothAlgorithms.mqh library class. How to use this class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.
The indicator was first implemented in MQL4 and published in the code base on July 12, 2010.
Figure 1 XPVT indicator
Attachment download
📎 smoothalgorithms.mqh (133.8 KB)
📎 xpvt.mq5 (8.52 KB)
Source: MQL5 #1123
Price and volume trends - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Price and Volume Trends - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are resources related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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