Normalized Volume MT5 Indicator FREE Forex MT4 Indicators

Normalized Volume is an indicator showing the normalized volume value. It displays the average volume within the bars range, in the form of a colored histogram with a threshold value. It has two input parameters: Period – normalization period Threshold – threshold level Calculation: VolumeNorm = Volume / MA * 100.0 where: MA – SMA(Volume, Period)Volume – tick volume If VolumeNorm is greater than ThresholdHistogram bars are colored green. OtherwiseHistogram bars are colored red. MT5 Indicators – Download Instructions Normalized Volume MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data. Normalized Volume MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. How to install Normalized Volume MT5 Indicator.mq5 to your MetaTrader 5 Chart? Download Normalized Volume MT5 Indicator.mq5 Copy Normal