Volume HL MTF TT Volume Trade Indicator

Volume HL MTF TT Volume Trade Indicator - this is a practical implementation of the idea of one of the users of the traders forum forexsystemsru.comThe article was made by Tankk, the author of many profitable indicators, who has been known to our readers for a long time.

The Volume HL MTF TT indicator is based on the Volume ratio with delta High/Low - the number of ticks divided by the number of points in a candle from high to low.

Volume HL MTF TT Volume Trade Indicator
Volume HL MTF TT Volume Trade Indicator

In the Volume HL MTF TT indicator is implemented:

  • alignment of readings around the zero level for better visualization;
  • MTF modeAnd in this mode the indicator does not redraw the signals;
  • three smoothing steps;
  • coloring for three candles.

Volume HL MTF TT Volume Trade Indicator will be a great tool for volume traders. At least, the traders of the forum "systems" characterize it as almost a Grail.

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