Question: What is the difference between Tick Volume and (true) Volume? 8 replies
Volume indicator that predicts total volume of current candle 14 replies
Does 'volume' of MT4 show the tick volume of the market? 47 replies
Better volume low volume bar alert 3 replies
volume ask volume bid 0 replies
DislikedHi EA!
I am really enjoying your indicator. I have thought of a few cosmetic things that I think would certainly help me [and maybe others who are using it]. Those being; if the BMC sell max line on the chart could be a different color than the BMC buy max line on the chart, if the colors of the lines on the chart could be synchronized to the text color in the top, left hand corner. Another thing that could be helpful, if possible, is that the previous buy and sell max lines could become dotted lines. Lastly, if there was an option in the exe settings...Ignored
DislikedHi Hal2611.
Can you explain how you use this indicator?
Seems like i saw from previous post that this indicator has some problems,which havent solve till now.Ignored
DislikedI have observed [on a 5 minute chart] that when the buy max and sell max lines are close together that they form significant support and resistant lines which work well in a non trending market since the price returns to the lines, [trade towards the lines]. If the buy max jumps then you can go long and exit when the selling = buying. If the sell max jumps, you short the market and exit when selling = buying. Using a volume indicator like the one attached may help to determine when the market will begin to trend [ie high volume = professional activity...Ignored
DislikedI have observed [on a 5 minute chart] that when the buy max and sell max lines are close together that they form significant support and resistant lines which work well in a non trending market since the price returns to the lines, [trade towards the lines]. If the buy max jumps then you can go long and exit when the selling = buying. If the sell max jumps, you short the market and exit when selling = buying. Using a volume indicator like the one attached may help to determine when the market will begin to trend [ie high volume = professional activity...Ignored
DislikedHey Hal,
I've been using the Better Volume indicator for a while now. I have version 1.3. Do you know what has been updated for version 1.4? Also, do you have the updated indicators that display the color on the price bars?Ignored
DislikedHi EA!
I am really enjoying your indicator. I have thought of a few cosmetic things that I think would certainly help me [and maybe others who are using it]. Those being; if the BMC sell max line on the chart could be a different color than the BMC buy max line on the chart, if the colors of the lines on the chart could be synchronized to the text color in the top, left hand corner. Another thing that could be helpful, if possible, is that the previous buy and sell max lines could become dotted lines. Lastly, if there was an option in the exe... to adjust the size of the text.Ignored
Dislikedever since I found this thread, I have been doing a serious research on the BMC Volume analysis indicator. Fortunately, I have found a best way to trade using this powerfull indicator. It work best when you scalp the market with it. Pls if anyone can connect me to EA programer, I will appreciate it. I actually want to us to work togather so we can produce the most powerfull robot ever. The indicator is powerfull I most confess. So far, I have been earning up to 600% per month with the bmc volume analysis indicator. Watch out!!!Ignored
DislikedThanks for the comment.
I am already looking for ways to retain data locally.
In the meanwhile, I am running it and collect data for analysis 24/7.
Alternate solution is to open 2 charts, one with fix TF with the indicator and one without the indicator and load your favourite indicator/ea as a cross reference. Since volume will not change when TF changes, so, my preference is a m5 chart.
Hope that explains.Ignored
DislikedVolume for EURJPY doesn't accumulate much today as majority of the volume (for both buy and see) is at around 119.48/49 level.
Until 16:30GMT, Max Sell Volume changes from 119.49 to 120.08 and price went down for about 90 pips to reach old 118.48/49 level. Since no volume can accumulate and rebound back to 120.08 level.Ignored
DislikedFirst of all, I would like to thanks Alex_S to inspire me to wrote a volume analysis indicator and this thread is dedicated for forex spot using intraday volume.
Please do not post any other file(ea/indicator) to this thread since would like to keep it clean. All updated ea/indicator will be post in post #1.
This indicator works for all brokers and for all pairs.
How this indicator works:
1) Attach to any chart
2) On top left corner, you will see:
i) BMC Max Price: xxx with volume: yyy (Price level accumulated with most volume(buy and sell))
ii)...Ignored
Dislikedyour indicator and system have to be one of the biggest ,crappy and thoroughly useless sytems on this forum. Please don't waste my time like this. Jeez!Ignored