Forex Better Volume Session Average Indicator
From the Old Kings archive: Forex Better Volume Session Average Indicator, an indicator for MetaTrader 4. Its name points to volume and the trading sessions (Asian, London, New York). It has 11 settings, for example Number Of Bars (default 500), Note (default NumberOfBars must be gre) and MAPeriod (default 20). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. 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 · MT4 · v1.0 · Free
About Forex Better Volume Session Average Indicator
Forex Better Volume Session Average Indicator is an indicator for MetaTrader 4. It has 11 settings, such as Number of bars, Note and Ma period. MQL source code included.
Files in the download: BetterVolume 1.4 plus Session Average.ex4, BetterVolume 1.4 plus Session Average.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Number of bars | 500 | |
| Note | NumberOfBars must be greater than MAPeri | |
| Ma period | 20 | Period or timeframe used by the calculation |
| Look back | 40 | |
| Use session average | true | |
| Asia begin | 17 | Start time of Asian session in brokers time |
| Asia end | 5 | End time of Asian session in brokers time |
| Eur begin | 3 | Start time of European session in brokers time |
| Eur end | 12 | End time of European session in brokers time |
| Usa begin | 8 | Start time of New York session in brokers time |
| Usa end | 17 | Endtime of New York session in brokers time |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 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 · Trading Sessions · MT4 Indicator · MQL4 Source Code