Forex Volume Divergence Markers Indicator
Forex Volume Divergence Markers Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to divergence between price and an oscillator and volume. Its source code uses divergence checks. It draws arrows on the chart. It has 5 settings, for example This Bar (default 0), Mode (default 0) and Vol Global (default 2). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Volume Divergence Markers Indicator
Forex Volume Divergence Markers Indicator is an indicator for MetaTrader 4 based on Divergence. It draws buy and sell arrows on the chart. It has 5 settings, such as This bar, Mode and Vol global. MQL source code included.
Files in the download: installation manual.txt, vdm_with_lines.mq4, Volume_Divergence_Markers.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| This bar | 0 | Is current bar counted? |
| Mode | 0 | Marker display mode |
| Vol global | 2 | Continuous change in volume (in bars) |
| Size global | 2 | Continuous change in barsize (in bars) |
| Main | clrRoyalBlue | Marker colour |
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 · Divergence · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code