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OHLC_VolumeH - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 3 reads | 0 comments |

OHLC_VolumeH - indicator for MetaTrader 5

OHLC VolumeH Displays the difference between two volume lines in the OHLC Volume indicator as a histogram.

Since the OHLC volume is calculated only from the OHLCV column value, this indicator has no configurable parameters.

OHLCV = UpV - DnV

UpV = Volume*CoeffUP/(CoeffUP+CoeffDN)
DnV = Volume*CoeffDN/(CoeffUP+CoeffDN)

CoeffUP = open higher
CoeffDN = closing low

OHLC_VolumeH - indicator for MetaTrader 5


Attachment download

📎 ohlc_volumeh.mq5 (6.91 KB)

Source: MQL5 #21403

OHLC_VolumeH - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

OHLC_VolumeH - 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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