Best of this article<\/p>\n
SET Mode allows you to input the number of pips to help visualise the pip range of the ATR. The color bars will turn red when below the amount set and turn green when equal to or above the amount. Forex by nature cannot count how many contracts and what sizes of contracts were traded at any given time because the market is wide and decentralized. Therefore to count volume volume indicator mt4<\/a> in Forex the number of ticks\/changes in price is used 1 tick measures 1 volume. Large volume signifies that there is a large number of market participants involved, including financial institutions. The last ones bring the highest turnover to the market, and if they are trading, it means the interest to the price at a certain point and\/or to the trend overall is high.<\/p>\n <\/p>\n You just have to download the indicator and install it and it can be seen in the trading chart. The positive volume with the stock moving higher confirms the health of the trend. In simple words, the volume is the number of transactions or trades taking place for a stock. The Trading Volume Indicator is well worth adding to your trading collection. It is a very convenient tool, especially for traders who use volume analysis in their trading decisions.<\/p>\n Copy and paste the trading-volume-indicator.mq4 or trading-volume-indicator.ex4 indicator files into the MQL4 folder of the Metatrader 4 trading platform. Volume indicators in MetaTrader are not independent signals providers but they can be used for confirmation. After all, the dynamics of volume tells us better than anything how active the trading is. This is a unique knowledge which is not really provided by other indicators. As a result, the indicators of volume will surely make a great contribution to your trading system.<\/p>\nHow To Use The Rvol In Trading<\/h2>\n