Forex Volume Indicators



Volume indicators are used to determine investors' interest in the market. High volume, especially near important market levels, suggests a possible start of a new trend, while low volume suggests traders uncertainty and/or no interest in a particular market.

In Forex Volume data represents total number of quotes for the specified time period.

Forex Volume Indicators:

Volume Indicators Forex




The methodology of using Volume indicators


When Volume increases it indicates a growing interest in the market, therefore it may strengthen a main trend or start a new trend;

When Volume decreases it indicates that interest in the market is decreasing, which calls for either a trend reversal or temporary market consolidation;

Sudden and vigorous increase in Volume may signal for an upcoming reversal, while gradual decreasing in Volume may still be supported by rapid price moves.



Comments

how can the actual volume be calculated if there is not a central location, how are they are to keep track of orders brought and sold

 

Volume indeed cannot be calculated based on the number of contracts traded and the size of those contracts since Forex market is decentralized by its nature. Volume is calculated based on price ticks. 1 tick is 1 volume. As price changes back and forth, volume adds up. High volume will have lots of such simple tick shifts, while low volume - very little.

 

I've been trading in stocks for the past 7 years using only price, volume and OBV and it has worked very well for me. My question is,will this type of analysis also work in Forex?
Kamil
http://sharesmadeeasy.com

 

Yes, it will. Forex uses the same technical approach for analysing volume.

 

ok

 

There is an important volume index that doesn t appear in the list: the market facilitation index. I use it for the last year at to me, it is the best volume indicator in the market, since it takes into account not only the pips fluctation accumulation but also the intensity of the variation of each movement of each movement of the cursor price. Combined with a couple other indicators to measure the trend and the momentum and then you have a very stable trading system.

 

Thank you, the indicator has been added.
Market Facilitation Index

 

Hello,

I've looked everywhere for the Chaikin Money Flow Indicator and can't find anything!
First time I've failed to find what I was looking for.
Can you help please?

Thank
Stephen

 
 

Thanks very much for cmf_v1.mq4

 

Do you have the indicators for Renko and Point & Figure charts?

What is the best indicator for detecting pivot points?

 

Pivots: Auto_Pivot_mod.mq4
Renko indicators are currently being prepared. Can't guarantee the date. Point and figure I don't have, sorry.

 

Is there a volume indicator that will give me buy/sell information? I realize that the volume indicator is based on tick information, but is there up verses down tick information available?

 

Custom written indicators are capable of providing buy/sell signals, if that's what you mean.
Sorry, I don't have such Volume indicators in my collection.

 

Can you please also add VWAP (volume weighted avarage price)?

 

yes, thank you. Added to the list, but will have to study it first myself.

 

Is there any bullish or bearish volume inbdication

 

could someone guide me how to install this indicator

 

To display simple Volume indicator in MT4 use Ctrl+L or right mouse click anywhere on the chart and select "Volumes".

Bearish/Bullish volume indicators? No, don't have information on those, sorry.

 

What are the best indicators for commodity reading ?

 

How to calculate OBV

Mohamed Idris

 

can u give me" hurst divergence", osma divergence , rvi divergence or volume divergence plz give all those ...thnx praveen

 

2 comments

 

Looking for Swing Volume indicator. AKA Weis Wave, but he charges $500 for the indicator. Can't afford it right now.