NormalizedVolume - Indicator for MetaTrader 4

TypeIndicators PlatformMT4 Version10 Date created25 September 2015 Date updated 3 August 2017

Formatmq4 Size1.5Kb Downloads259 Rating

A normalized volume indicator should be used during a strong market flat. You need to filter out the market noise to understand when the trend begins. With this robot, it is recommended to work with the averaging period of 8, but the optimal will be from 8 to 14 on the whole.

By analogy, it is possible to try the Normalized_Volume_Oscillator indicator, which can be downloaded from the MTDownloads website for free.