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azzx_emavol_1_0 - Indicator for MetaTrader 4

azzx_emavol_1_0
TypeIndicators PlatformMT4 Version10 Date created17 October 2014 Date updated28 July 2017
Formatmq4 Size2.7Kb Downloads245 Rating
4.51 of 5
based on 49 rates

The indicator is designed to split the tick volume into two parts:

  • activity due to which the price began to rise;
  • activity which led to the decline of prices.

In addition, the option that the inside bar price moved in the shortest possible way is considered. For the growing bars - path Open-Low-High-Close, for the falling bars - Open - High-Low-Close.

The figure shows an example of the indicator on the M1 chart for EUR/USD.

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