Net Volume - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Net volume indicator:
Net volume can be used to show where buyers and sellers are investing the most money at any given point in time. Positive net volume can indicate growth and buying pressure outweighing selling pressure. Negative net volume suggests the opposite. Net volume is designed to measure the selling or buying pressure on an asset over a period of time in each period.
In the indicator settings you can choose whether you want to use live trading volume or real trading volume for calculations.
Attachment download
📎 netvolume.mq5 (3.08 KB)
Source: MQL5 #49334
Net Trading Volume - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Net Trading 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 on titles or short-term profit descriptions.
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