logicgate Posted July 2, 2020 Report Posted July 2, 2020 Hi there guys, I just found and bought this indicator: https://www.mql5.com/pt/market/product/5380 Just posting here to recommend to anyone who is a VSA/Wyckoffian trader, this makes the analysis much clearer, very good indi, way better than the regular volumes in MT4. joshi_s_p and ⭐ tropictrader 2
⭐ tropictrader Posted July 3, 2020 Report Posted July 3, 2020 Thanks for the link. Might get it myself. Have you tried the Hawkeye volume indicator for mt4? How does it compare?
logicgate Posted July 3, 2020 Author Report Posted July 3, 2020 The hawkeye is just a copy of better volume, it plots the same volume as the regular volumes indicator, only difference is color coding of bars. By the way I also found and bought a HLC bars indicator for MT4, plots the bars beautifully: https://www.mql5.com/pt/market/product/40770 ⭐ mr12323 1
Guest Petar_Serbia Posted August 10, 2020 Report Posted August 10, 2020 Keep in mind there is the true volume on the Forex market since it is over the counter market...
logicgate Posted August 10, 2020 Author Report Posted August 10, 2020 Keep in mind there is the true volume on the Forex market since it is over the counter market... Tick volume IS real volume, it is activity. I get better volume readings using the true volume surrogate with tick volume, than I get with real volumes ( I have futures data in another platform, and also have real futures volume in MT4), and after extensive comparison I say the tick volume (using the true volume surrogate indicator) gives better readings the majority of the time. I am talking about VSA analysis. Even Tom Williams, the creator of the method, preferred tick volume.
logicgate Posted August 10, 2020 Author Report Posted August 10, 2020 Here a couple of images showing they have 97 - 99% correlation:
logicgate Posted August 10, 2020 Author Report Posted August 10, 2020 If you right click the image and choose "open image in a new tab" it will show the full screenshot.
GrazyTrader Posted August 11, 2020 Report Posted August 11, 2020 What broker are you using for the tick volume?
logicgate Posted August 11, 2020 Author Report Posted August 11, 2020 What broker are you using for the tick volume? IC Markets. But you have tick volume in futures broker too, if your trading platform offers tick volume indicator.
sillykiddo Posted August 12, 2020 Report Posted August 12, 2020 anyone has copy of this indicator? specially for mt4?
logicgate Posted August 12, 2020 Author Report Posted August 12, 2020 anyone has copy of this indicator? specially for mt4? You can only buy it at MQL5 community, it is very cheap. US$12,50... Impossible to share MT4/MT5 indicators as they are hwid protected... You would spend 100000x more than what it costs trying to crack it.
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