Uni Volume Delta Indicator Download for MetaTrader 5 - Free - MT4/MT5 Resource

The Uni Volume Delta indicator is one of the MetaTrader 5 oscillator used for analyzing the difference between buy and sell volumes .

This indicator displays volume information in separate windows , making it easier to visualize order flow changes and evaluate the strength of buyers and sellers.

Uni Volume Delta Indicator Specifications

The table below summarizes the features of the Uni Volume Delta indicator.

Indicators at a glance

This indicator displays buy and sell volume data in the form of separate bars, making it easier to visualize volume changes in real time. By analyzing the volume differences between these bars, traders can assess the strength of buyers and sellers and identify areas of increased buying or selling pressure.

Indicators are in an upward trend

On the CAD/CHF currency pair chart , the growth of the green bar , along with the decrease of a red bar , indicates buyer dominance in the market.

This MT5 trading assist can be used to identify entry points for trades, especially when green bars increase volume and indicate continued buying pressure .

Indicators are in a downward trend

In the AUD/CHF currency pair downtrend , if the sales (red bars) are greater than the purchases (green bars) , it indicates increasing selling pressure and seller dominance in the market.

This scenario could indicate continued price decline , especially if sales increase during the upward correction , suggesting that sellers still control the market.

Indicator Settings

The image below shows the settings panel of the Uni Volume Delta indicator :

• Up Bar Color: The color of the up bar
• Down Bar Color: The color of the downward bar
• Lookback: indicator calculation period

Conclusion

The Uni Volume Delta Indicator is a useful tool that shows the difference between buying and selling volumes .

This indicator uses colored bars at the bottom of the chart to showcase the strength of buyers and sellers and plays a key role in market trend analysis .