How do I install this Indicator on MetaTrader 4?

Download the file, open MetaTrader 4 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Indicator?

Drag the Indicator from the Navigator onto your chart and adjust the input parameters as needed.

Is this compatible with MetaTrader 4?

Yes, this Indicator is built specifically for MetaTrader 4.

Is this Indicator safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Indicator on multiple charts?

Yes, you can apply multiple indicators on the same chart.

Can I customize the settings of this Indicator?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free trading volume indicator Indicator for MetaTrader 4

MetaTrader 4 indicator

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Similar MetaTrader Tools

trading volume indicator

Info

The trading volume indicator is a Indicator for MetaTrader 4 that trading volume indicator shows the volume of buying and selling trades on the current bar or on average of specific number of last bars as you want. both volumes are shown simultaneously with green and red colors for buying and selling trading volumes respectively.

Usage

This tool is typically used for enhancing chart analysis and decision making.

Platform

This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.

How to Install and Use trading volume indicator

1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.

2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.

3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.

4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.

Frequently Asked Questions

Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."

Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).

Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.

What this tool does

trading volume indicator shows the volume of buying and selling trades on the current bar or on average of specific number of last bars as you want.

Typical Use Case

This Indicator excels in automated trading and technical analysis on MetaTrader 4.

Compatible Platform & Setup

This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.

Description & Settings

Related: horizontal volume - another powerful indicator for MetaTrader 4 traders.

trading volume indicator shows the volume of buying and selling trades on the current bar or on average of specific number of last bars as you want . both volumes are shown simultaneously with green and red colors for buying and selling trading volumes respectively.

Also recommended: bars alligator trading advisor - similar indicator with strong performance on MetaTrader 4.

if you tried or from market
so i decided to share experience with all members of mql5 community and sharing the source code of my indicator to be a reference to everyone who wants to learn or modify this indicator.
to know more about this indicator and how it works, you can get a full description about it from at market and you can download the ex4 file for free.
i am waiting for your replies and your opinions about it.

You may also like: spread indicator for pair trading - excellent alternative for indicator users on MetaTrader 4.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property version   "1.00"
#property strict
#property indicator_chart_window
enum pos
  {
   upperleft,
   upperright,
   lowerleft,

.......

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⚠ Limitations & Risk Warning

This tool is provided for educational and testing purposes only.
Past performance does not guarantee future results.
Trading involves substantial risk of loss. Use on a demo account first.
Results may vary depending on market conditions, broker, and settings.
We recommend thorough backtesting and forward testing before using with real funds.