Average Volume (Indicators MT5)
Average Volume (Indicators MT5) — a MetaTrader 5 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is volume. It has 3 settings, for example Num Aver (default 12), Vol Mod (default Tick_Volume) and Median (default false). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq5) you can open and edit in MetaEditor and a PDF guide. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT5 · v1.0 · Free
About Average Volume (Indicators MT5)
Average Volume (Indicators MT5) is an indicator for MetaTrader 5. It has 3 settings, such as Num aver, Vol mod and Median. MQL source code included.
Files in the download: Average volume.mq5, Average volume (instructions) .pdf, Installation Tutorial (MT4 - MT5) .pdf, Como Instalar indicatores no MetaTrader .pdf, Volume médio (instruções).pdf, Cómo instalar indicadores en MetaTrader.pdf, volumen medio (instrucciones) .pdf.
Settings
| Setting | Default | What it does |
|---|---|---|
| Num aver | 12 | Number of weeks for averaging |
| Vol mod | Tick_Volume | Volume mode |
| Median | false | Median filtering |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Volume · MT5 Indicator · MQL5 Source Code