VolumeMA indicator (Volume with Custom Moving Average)
VolumeMA indicator - volume indicatorwho works together and SMA indicatoroverlaid on the bars. Allows you to track the volume of trading on the market on all timeframes and currency pairs, and depending on the color of the bar on the indicator to determine the mood of traders:
- red bar color - bears prevail,
- green color of the bar - bulls in force.
The height of the bar determines the intensity of participation of these stockists in trading.
ForTrader.org comments: indicator additional to the trading strategy. It is not recommended to trade exclusively on VolumeMA.