Time Based Volume Trend Indicator for MT4 and MT5

The time based volume indicator is a predictive tool that allows traders to predict the price move in a given period of time. The indicator is often used by traders looking for entry or exit signals, or simply checking out their strategy.

Time Based Volume Indicator Settings

The time-based volume indicator (TBV) is a technical analysis tool used to measure the strength of an investment trend over time. The indicator measures the percentage of a given day’s trading volume that is attributable to a particular security or asset class over the course of a specified period of time.

Time Based Volume Indicator

If you want to customize or adjust any of the settings  Average Volume Indicator associated with a TTBI, you can do so by clicking on the “Settings” button next to the indicator’s name. This will open a new window where you can configure various options, such as the color palette used for displaying changes in price, how often updates are sent to your computer, and how long historical data will be retained (in case you need it for.

Volume Strength Time Based indicator MT4

Do you want to track the progress of a project but don’t have the time to keep a log or chart? A time-based volume indicator (TBV) can help. A TBV measures the change in volume over a set period of time, such as minutes, hours, days, or weeks. This makes it Forex Real Volume Indicator great for tracking progress on a project or analyzing trends.

To create a TBV, start by gathering data about the volume of your transactions over the chosen period. You can use either real-time or historical data. For example, if you’re tracking the progress of a project, you could use transaction volumes from the past 24 hours. If you’re analyzing trends over longer periods of time, you might want to use data from Volume Volatility earlier periods to minimize sampling error.

Volume Strength Time Based indicator

Price Based volume Trend indicator

Once you have your data, you’ll need to create a chart or graph to display it. You can use any software that supports charts and graphs, like Excel or Google Sheets. To create the chart, first select the date range that you want to include in your TBV.

Next, select the type of graph that you want to use: Line Chart, Pie Chart, Bar Chart, or Area Chart. When using indicators, it’s important to pay attention to the specific type of indicator being used and the specific signals it provides. For example, a moving average may provide a buy or sell signal based on its direction, The second indicator is called the RSI and it is used to indicate the strength of the market. The third indicator is called the CCI and it is used to indicate whether or not the market is overbought or oversold.

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