Value area indicator | Forex Factory

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Value area indicator

  • #1
  • First Post: Apr 19, 2014 6:40am Apr 19, 2014 6:40am
Hello to everyone.

Can someone please supply me the mt4 indicator for the value area ?
Obviously I need it built on TF 30 minutes .

Thank you
  • #2
  • Jan 28, 2015 8:03am Jan 28, 2015 8:03am
Wrote this last night, hopefully should suffice. You can adjust the percentage of volume (default of 70%) to account for the value area. It can only be used on TFs 4H or lower. If there are any bugs or errors, let me know. Thanks.
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File Type: ex4 Value_Area.ex4   13 KB | 1,291 downloads
  • #3
  • Last Post: Jan 28, 2015 6:25pm Jan 28, 2015 6:25pm
Quoting renner1984
Wrote this last night, hopefully should suffice. You can adjust the percentage of volume (default of 70%) to account for the value area. It can only be used on TFs 4H or lower. If there are any bugs or errors, let me know. Thanks. {file}
Thank you for your indicator. Can you expand on what you have done please? There is no code to read. What do you determine as value? \
What's it all about? It's all about money.
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