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 Threshold
Histogram bars are colored green.
MetaCOT 2 CFTC ToolBox (Set of Indicators) MT4 -… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
SupremAutoFibo - indicator MetaTrader 5 The indicator builds graphical object Fibonacci Levels with many settings at High and Low prices over the period specified in…
MicroPivots - indicator MetaTrader 5 Indicator Micro Pivots displays the selected Fibonacci levels between two moving averages. It has thirty-two adjustable parameters: First MA period…
MACD Sample - EA MetaTrader 5 The MACD Sample EA is included in the standard pack of the MetaTrader 5 client terminal and is an example…
