Rainbow_Volume - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The indicator displays colored quote volume histograms based on five criteria:
This indicator compares current data with data N periods ago.
It has one input parameter:
Attachment download
📎 rainbow_volume.mq5 (7.44 KB)
Source: MQL5 #20919
Rainbow_Volume - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Rainbow_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.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •