Robot catalog

Normalized_Volume_Oscillator - Indicator for MetaTrader 4

Normalized_Volume_Oscillator
TypeIndicators PlatformMT4 Version10 Date created13 January 2015 Date updated19 August 2017
Formatmq4 Size3.5Kb Downloads251 Rating
4 of 5
based on 2 rates

The oscillator of the normalized volume should be used during the flat period. The indicators are affected by the market noise, and this robot helps cut it. The advantage of the robot is that it generates the percentages. As a result, negative values indicating a flat may appear on the chart. In addition, the bars of the histogram can be colored depending on the size of the normalized volume.

It is most effective to use the indicator on small timeframes.

The given robot is based on NormalizedVolume. You can download it on MTDownloads website.

Share

Most popular robots

bbma
MT4
Indicator
bbma
MBFX Timing
MT4
Indicator
MBFX Timing
MultiZigZag
MT4
Expert
MultiZigZag