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TVI_v2 - Indicator for MetaTrader 4

TVI_v2
TypeIndicators PlatformMT4 Version10 Date created26 March 2014 Date updated 3 August 2017
Formatmq4 Size8.7Kb Downloads137 Rating
4.2 of 5
based on 41 rates

The Tick Volume Indicator v2 or the tick volume indicator divides the ascending and descending ticks in each price bar. The obtained indicators are smoothed out using DEMA. As a result, the indicator draws a diagram at the bottom of the chart window, which is framed by a trend line. Columns of blue color show the uptrend phase, red columns - the downtrend phase.

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