xfisher org vol
Info
The xfisher org vol is a Indicator for MetaTrader 5 that the oscillator implemented as a color histogram, using volumescalculation formula:xfisher_org_v1_vol = movingaverage( 100 * fisher * volume ) in the indicator input parameters, these levels are represented as levels of the source fisher_org_v1 indicator multiplied by 100, and then these levels are multiplied at each indicator tick by volumes smoothed according to the same formula. the indicator uses smoothalgorithms.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use xfisher org vol
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
the oscillator implemented as a color histogram, using volumescalculation formula:xfisher_org_v1_vol = movingaverage( 100 * fisher * volume ) in the indicator input parameters, these levels are represented as levels of the source fisher_org_v1 indicator multiplied by 100, and then these levels are multiplied at each indicator tick by volumes smoothed according to the same formula.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: color xfisher org x20 cloud - another powerful indicator for MetaTrader 5 traders.
the oscillator implemented as a color histogram, using volumes
calculation formula:
Also recommended: color xfisher org x20 - similar indicator with strong performance on MetaTrader 5.
xfisher_org_v1_vol = movingaverage( 100 * fisher * volume )in the indicator input parameters, these levels are represented as levels of the source fisher_org_v1 indicator multiplied by 100, and then these levels are multiplied at each indicator tick by volumes smoothed according to the same formula.
the indicator uses smoothalgorithms.mqh library classes (copy it to <terminal_data_folder>\mql5\include). the use of the classes is described in details in the article .
fig.1. the xfisher_org_v1_vol indicator
You may also like: xfisher org candle cloud alert - excellent alternative for indicator users on MetaTrader 5.
Source Code
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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.