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True Volume Surrogate Indicator


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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.

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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

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  • 1 month later...
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.

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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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