Simple Average Volume - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator was created to meet the needs of EAs to check the increase and decrease of trading volume in an extremely simple way.
All it does is calculate the average volume (in candles) over a specific time period.
It works on live trading volumes as well as real trading volumes.
To have your EA check if the volume is increasing, just check if the volume of the longer period is smaller than the volume of the shorter period... That's it! Simple and make this data available to MQL5 EA as well as FX Dreema EA.
In the above chart, the brokerage only provides tick volume, therefore, the indicator prints a pink line showing the average tick volume.
If the brokerage firm also provides actual trading volume, the blue line will represent that volume
Attachment download
📎 average_volume.mq5 (5.37 KB)
Source: MQL5 #37237
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