Technical Indicators for MetaTrader 5

Volume Rate

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Information

Indicators
MetaTrader 5
Tadeas Rusnak
1.0
5

Overview

Volume Rate Indicator

This indicator is about to show zones where is detected anomaly in price action and calculation of indicator, it has nothing with tick volume or other volume types.


Input parameters:

  • Fast calculation period
  • Slow calculation period
  • Moving average method

Use different settings for different trading systems, I recomend to adjust slow calculation period to lower number for more frequency signals and use other indicators for confirmation. For trend following system go higher with slow calculation period. Dont forget to find optimal level !


Indicator can be used for confirmating moving average crossover or other indicator, or it can be used as main trigger for entry and exits.

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