Is there something like "Price Action Volume Indicator"? | Forex Factory

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Is there something like "Price Action Volume Indicator"?

  • #1
  • First Post: Jun 14, 2013 8:10pm Jun 14, 2013 8:10pm
Hi, newbie here, sorry about my english cause this is not my mother tongue.

I am looking for an indicator that can draw volume profile on the candle. I had hard to time find any words to describe so I decided to draw it out.


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I hope anyone can understand what I am saying here... You see, there are different volumes at different prices, when you are looking into bigger time frame, you are unable to see the volume distribution in one candle. I am looking for indicator that can show me the thing.

I found a thing called Market profile, but it is not based on volume, or maybe I missed such indicator.

If anyone know this indicator please tell me, thank you!
  • #2
  • Jun 15, 2013 1:33am Jun 15, 2013 1:33am
Quoting ufo86
Hi, newbie here, sorry about my english cause this is not my mother tongue. I am looking for an indicator that can draw volume profile on the candle.
Do you know what "Volume" in MT4 represents ?
20 pips a day isn't too much to ask . . .
  • #3
  • Jun 15, 2013 3:57am Jun 15, 2013 3:57am
Quoting RaptorUK
{quote} Do you know what "Volume" in MT4 represents ?
Its a waste of space but they do follow it I had same on cable thread yesterday.
  • #4
  • Jun 15, 2013 8:54am Jun 15, 2013 8:54am
Quoting RaptorUK
{quote} Do you know what "Volume" in MT4 represents ?
I wanted to know about the number of price activities at certain price level.

So far I had found market profile....
  • #5
  • Last Post: Jun 15, 2013 1:02pm Jun 15, 2013 1:02pm
Quoting mmaker
{quote} Just help him out guys. It's not about whether volume in forex is useful or not, but I think he is leading into Volume Spread Analysis (or VSA) and Market Profile. So refer him to the relevant threads and indicator/template as he requested. I'm not expert with VSA so I don't have all the info at hand to link. {image}
Why do you assume we are ? by the way, there is no Volume in MT4, there is Tick count and it may be useful, what is not useful is to assume it is something other than what it is.

I just asked the OP a question . . . where is the harm in that ?
20 pips a day isn't too much to ask . . .
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