volume up down different colour

[PaulVic]

hi all
does anybody have a volume indicator that shows (for MT4);
when price bar is up volume bar is say green,
when price bar down volume bar is red.
(not to bothered about actual volume bar colour as long as principle applies)
ta
Paul

 

[Enivid]

Try the attached indicator.

 

[PaulVic]

Try the attached indicator.

Thanks Enivid, that works perfect, many thanks

 

[Andy1946]

Try the attached indicator.

Hello admin, is there this indicator for MT5?

 

[Enivid]

Hello admin, is there this indicator for MT5?

It should be in your MT5 under Indicators\Examples\Volumes. It's a standard indicator.

 

[Andy1946]

It should be in your MT5 under Indicators\Examples\Volumes. It's a standard indicator.

Oh, I know this standard indicator but the volume bar is not the same color as the candle bar like your Volume Color MT4 indicator.

 

[Enivid]

Oh, I know this standard indicator but the volume bar is not the same color as the candle bar like your Volume Color MT4 indicator.

I see... It's colored according to the volume going up and down, not the price candles. I'll look into this.

 

[Andy1946]

I see... It's colored according to the volume going up and down, not the price candles. I'll look into this.

Thanks!

 

[PaulVic]

Andy
Try this, MT4 I know, but much better, I still use this all the time.

Thread 'Volume indicator to show Bullish/ Bearish Bias'

Dec 15, 2019

Is there anybody that can help with this?
Intention
To come up with a volume indicator that can show if volume pressure is bullish or bearish in nature and to show the difference (in bullishness/bearishness) over time.

I understand that volume is tick volume, but all the same it shows activity or interest at price levels.

Background
The standard MT4 volume indicator is pretty useless. It shows green if the volume is greater than the last bar, red if volume is less than the last bar. No use.
Attached “VolumeColor” indicator (by Enivid) is much better in that it indicates the volume...

• PaulVic
• download indicator metatrader mq4 mt4 tick volume volume volume bias volume indicator
• Replies: 11
• Forum: MetaTrader Indicators

 

[Andy1946]

Andy
Try this, MT4 I know, but much better, I still use this all the time.

Thread 'Volume indicator to show Bullish/ Bearish Bias'

Dec 15, 2019

Is there anybody that can help with this?
Intention
To come up with a volume indicator that can show if volume pressure is bullish or bearish in nature and to show the difference (in bullishness/bearishness) over time.

I understand that volume is tick volume, but all the same it shows activity or interest at price levels.

Background
The standard MT4 volume indicator is pretty useless. It shows green if the volume is greater than the last bar, red if volume is less than the last bar. No use.
Attached “VolumeColor” indicator (by Enivid) is much better in that it indicates the volume...

• PaulVic
• download indicator metatrader mq4 mt4 tick volume volume volume bias volume indicator
• Replies: 11
• Forum: MetaTrader Indicators

Thanks!