Quantile Based Signed Volume Analysis 1 3
From the Old Kings archive: Quantile Based Signed Volume Analysis 1 3, an indicator for MetaTrader 4. Judging by its name, it is built around volume. In the code it works with moving averages and ATR. It has 7 settings, for example Periods (default 17), Price (default PRICE_CLOSE) and Up Quantile Percent (default 90). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Quantile Based Signed Volume Analysis 1 3
Quantile Based Signed Volume Analysis 1 3 is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 7 settings, such as Periods, Price and Up quantile percent. MQL source code included.
Files in the download: Quantile based signed volume analysis 1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Periods | 17 | Number of bars in the calculation |
| Price | PRICE_CLOSE | |
| Up quantile percent | 90 | |
| Down quantile percent | 10 | |
| Atr upper percent | 75 | |
| Atr lower percent | 25 | |
| Limit to zeroes | true |
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 · Moving Average · ATR · MT4 Indicator · MQL4 Source Code