Normalized_Volume - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Normalized Volume is an indicator that displays normalized volume values. It displays the average volume within the bar range as a colored histogram with thresholds.
It has two input parameters:
Volume norm = Volume/MA * 100.0
MA - SMA (volume, period)
Volume - tick volume
Attachment download
📎 normalized_volume.mq5 (10.54 KB)
Source: MQL5 #23126
Normalized_Volume - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Normalized_Volume - MetaTrader 5 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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