Volumes Emphasized.mq4
Volumes Emphasized.mq4 — a MetaTrader 4 indicator kept in the Old Kings collection. It has 16 settings, for example Volume Period (default 10), Numbers shrink bars in display (default 2=1/2, 3=1/3, 4=1/4, 5=1) and Enter Shrink Number (default 1.25). 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 (.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 Volumes Emphasized.mq4
Volumes Emphasized.mq4 is an indicator for MetaTrader 4. It has 16 settings, such as Volume period, Numbers shrink bars in display and Enter shrink number. MQL source code included.
Files in the download: Volumes Emphasized.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Volume period | 10 | Period or timeframe used by the calculation |
| Numbers shrink bars in display | 2=1/2, 3=1/3, 4=1/4, 5=1/5, etc | |
| Enter shrink number | 1.25 | |
| Need 2 numbers dividing range | 0-100 into 3 parts (33&66, 25&50 etc) | |
| Enter number 1 | 38.2 | |
| Enter number 2 | 61.8 | |
| Display volume percentages text | true | |
| Below average text color 0 | Red | Colour on the chart |
| Above average text color 1 | Gold | Colour on the chart |
| Above average text color 2 | LimeGreen | Colour on the chart |
| Above average text color 3 | CornflowerBlue | Colour on the chart |
| Above average text color 4 | MediumOrchid | Colour on the chart |
| Text in window 0123 | 1 | |
| Text in corner 0123 | 3 | |
| Text horizontal indent | 5 | |
| Text vertical indent | 4 |
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 · MT4 Indicator · MQL4 Source Code