The volume indicator is used to measure the exact number of real orders that have been placed over a specific period of time on the MT4 and MT5 trading platforms. It is used to identify the amount of conviction the bulls or bears have in a trend at a specific point in time, and how far the trend is likely to go.
MONITOR ORDERS IN REAL TIME
The volume indicator keeps track of orders in real time. It will give a trader a sense of how solid a price trend is, and if it will continue much longer in its current direction or fizzle out and reverse in a short time period. Based on the broker’s proprietary data, the volume indicator will give the broker and its clients a sense of when the right time to join a trend is, and how much confidence they can place in the trend.
VOLUME INDICATOR FEATURES
BUILT TO BENEFIT BROKERS AND TRADERS
The volume indicator can help both a broker and its clients to effectively refine trading strategies, fine-tuning them to only execute trades when volume conditions are optimal in an asset class or currency pair.
Contact us to learn more about the volume indicator.