High Volume Bars - MetaTrader 4 Script | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
Shows bars in color when their volume exceeds the standard deviation or a multiple of it. Volume is often used to confirm breakouts of important levels. - Free download of the "High Volume Bars" indicator for MetaTrader 4 by "maximo" in the MQL5 code base, May 1, 2022
Attachment download
📎 high_volume_bars.mq4 (4.76 KB)
Source: MQL5 #39208
High Volume Bar - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
High Volume Bar - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. 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 only on titles or short-term profit descriptions.
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