Better Volume Indicator v1.5 with Sound and Email Alert

Enivid

Administrator
Staff member
Nov 30, 2008
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Odessa
www.earnforex.com
Hey man , thanks for reply. I am using 1.5 version with color ingoring , it would be very useful if I could see easy to read information when i get an alert to my email.
Like USD/CHF 4h volume color changed from white to red , or any color you choose on indicator. I am more familiar with colors of version 1.4 white sell red buy at the moment. It would save me time looking all the pairs volume.. like i would always now at the end of the day , what volume was on D1 charts just looking to my phone.. If it's sell volume on a given pair , i could look for retracement , some candle stick pattern , nice volume to jump in on lower time frames ect.

Try this one for better alerts.
 

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jali

Newbie
Apr 16, 2020
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Hello ...here an improve version, it use "draw candle" and you can choose Tick or Real volume in case you will use it in futures.

Use buffer (4) like output colour value:

White: -1
No signal: 0
Red: 1
Yellow: 2
Lime:3
Magenta: 4

Good luck! ;)



View attachment 13265

thank you very much, very helpful, Can you add alert Supply and Demand on white and red bars please.
i found this version her : https://www.earnforex.com/forum/threads/better-volume.8195/post-143072
but it does not draw bars well on chart just like your version ,
with al my best.
 
Last edited:

EFFE

Newbie
May 28, 2021
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with mql5, I wanted to see the difference between itickvolume and irealvolume, from there https://www.mql5.com/en/docs/constants/structures/mqltick because now they offer the ''Volume for the current Last price''.
So I went to https://www.mql5.com/ru/code/31813 and changed TickVolume[] by replacing tickvolume with iRealVolume(Symbol(),Period(),i) or iRealVolume(NULL,0,i) as per https://www.mql5.com/en/docs/series/irealvolume

but the graph is empty lol. Can somebody look into it? I would like to know if there is a huge difference since I prefer to focus on the change of the last price rather than change of bid and ask
 

Enivid

Administrator
Staff member
Nov 30, 2008
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Odessa
www.earnforex.com
with mql5, I wanted to see the difference between itickvolume and irealvolume, from there https://www.mql5.com/en/docs/constants/structures/mqltick because now they offer the ''Volume for the current Last price''.
So I went to https://www.mql5.com/ru/code/31813 and changed TickVolume[] by replacing tickvolume with iRealVolume(Symbol(),Period(),i) or iRealVolume(NULL,0,i) as per https://www.mql5.com/en/docs/series/irealvolume

but the graph is empty lol. Can somebody look into it? I would like to know if there is a huge difference since I prefer to focus on the change of the last price rather than change of bid and ask
Are you sure your broker supplies some real volume data for the symbol you are attaching it to?
 

EFFE

Newbie
May 28, 2021
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No, I am not sure at all. Is this not standard info in mt5 ? I am with IG on mt4, and on mt5 I have just the metaquote demo account.
 

Moonraker

Newbie
Jan 3, 2022
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Try this one for better alerts.
Hi, I have just joined this forum and I am looking for a MT4 version of Barry Taylor's BetterVolume Indicator that uses Bid and Ask volume instead of Tick Volume. If it is not available do you know of a MT4 programmer that could do it. I have a copy of the the code in Easy Language which is available on the emini-watch website at no cost.

Regards Moonraker
 

Enivid

Administrator
Staff member
Nov 30, 2008
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Odessa
www.earnforex.com
Hi, I have just joined this forum and I am looking for a MT4 version of Barry Taylor's BetterVolume Indicator that uses Bid and Ask volume instead of Tick Volume. If it is not available do you know of a MT4 programmer that could do it. I have a copy of the the code in Easy Language which is available on the emini-watch website at no cost.

Regards Moonraker
Unfortunately, MT4 has no Bid and Ask Volume in it, so it's should be impossible to build an indicator based on it.
 

Moonraker

Newbie
Jan 3, 2022
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0
1
74
Thanks for your response. Maybe an alternative to using regular volume could be to use the volume on each up-tick in a bar as a Bid volume alternative and use the volume on each down-tick in a bar as an Ask volume alternative. Maybe that could be more effective than regular volume.
 

Enivid

Administrator
Staff member
Nov 30, 2008
16,141
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Odessa
www.earnforex.com
Thanks for your response. Maybe an alternative to using regular volume could be to use the volume on each up-tick in a bar as a Bid volume alternative and use the volume on each down-tick in a bar as an Ask volume alternative. Maybe that could be more effective than regular volume.
The problem is, MT4 has no tick history to work with. Tick history was introduced only in MT5.