AllVolumeAverage

Hi,

Please take a look at the AllVolumeAverage_v2 indicator which helps to detect Volume Breakouts at the market and can also be used to confirm the signal. This is upgrade of well-known VolumeAverage which I ported from EasyLanguage version. Plus you can find Buy/Sell signals with advanced Box alerts.

Code:

---

extern int    TimeFrame      =  0;    // TimeFrame in min
extern int    FastLength    =  3;    // Fast MA Period
extern int    FastMode      =  0;    // Fast MA Mode
extern int    SlowLength    = 20;    // Slow MA Period
extern int    SlowMode      =  0;    // Slow MA Mode
extern int    BreakoutPct    = 50;    // Breakout Percent

extern int    AlertMode      =  0;    // 0-off,1-on
extern int    SoundsNumber  =  5;    // Number of sounds after Signal
extern int    SoundsPause    =  5;    // Pause in sec between sounds
extern string  UpSound        = "alert.wav";
extern string  DnSound        = "alert2.wav";
extern int    EmailMode      =  0;    // 0-off,1-on
extern int    EmailsNumber  =  1;    // Number of emails after Signal

---

Attachment 768

Regards,
Igor

Hi Igorad,

How to use this indicator? And what is the best settings of it?

Quote:

---

Originally Posted by newdigital

Hi Igorad,

How to use this indicator? And what is the best settings of it?

---

ND,
I found good explanation how to use this indicator in TradeStation but seems it can be useful for MT4.

I just found some article about how to use this or similar indicators.

---

Volume is the fuel in a stocks movement – Technical Analysis

Volume in charts is usually expressed as the number of Shares traded that day. It is most useful to view volume indicators in comparison to what is the normal number of Shares traded for a stock on average. For example if volume starts to increase dramatically for a stock we can assume there has been some news, earnings release or otherwise external factors acting on the stock.

Look at the chart below for NetFlix (NFLX), a DVD rental “by post” company. Take a close look at volume and price and what they have in common. The volume indicator is configured to show a RED Bar if the closing price for the stock is lower that the opening price meaning “Negative Volume”, and green for days where the closing price is higher than the opening “Positive Volume”

Attachment 1989

So what did you see?

What happened to Volume when the price changed?

What happened to the price when volume spiked?

Did you notice the chart was on an Algorithmic Scale, not a Logarithmic? We can see this from the price moving in fixed increments $20, $22, $24. Always try to use logarithmic, it helps you view potential % gains and losses so much easier. Most professional technical analysts use Logarithmic scaling, it produces the best results.

In our lesson on volume, we focus on 2 key phrases
The Volume “Blow off Top” & “Blow off Bottom”

Now look at the chart below and read further for a description of the key concepts here. The Chart maps Price, Moving Averages 10 & 30, and volume (Red for Negative, Green for Positive).

Attachment 1990

Key Points, referenced in the Chart.

1. here at point 1 we see a huge change in the direction of price, it was proceeding in a downward direction, then suddenly there was a spike in volume over 2 weeks, this is known as a “blow off bottom”. It indicates, that a key price has been founds, where the sellers have lost enough that they need to sell the stock, and the buyers have seen the price decrease enough so that they see real value in the Stock. Of course other factors contribute, like good News, or earnings results. Whatever happened volume increased!

2. the stock here increases from $20 to $38 in the following 3 months, a 90% increase, but how would we know this was about to happen. Well, buying at the time the moving averages crossed over would have been a good option, it would not have provided the full 90%, but it would have produced 40%, which by anyone’s reckoning is an excellent result.

However here we see a monster “Blow off Top”, the huge red Spike, this is a very strong sign, to sell as soon as possible. From stage 2 we see the stock move in a sideways patter and eventually decrease back down to $19, the ride is well and truly over. However you would not own the stock, as you would have sold when the Moving Averages crossed.

The stock price starts to increase in mid November 2008, but volume tells us nothing, WHY?

Indicators do not tell us something 100% of the time, but when they do we need to recognize it.

The moving averages cross at $25, a good time to buy.

3. Here we see massive buying; the volume goes through the roof. Important to note here is we are comparing Volume for the stock in comparison to its history. This is the second biggest volume surge of the year for Netflix, and is significant.

Why did it take off? We should always seek enlightenment!

It reported excellent earnings, and because of the recession people were switching from buying bigger ticket items such as Cars and Plasma TV’s to staying at home and renting Movies. Netflix reported a massive increase in new members.

4. In the chart the note shows that the price “Gapped Up”. What does this mean? This means that the stock price in extended hours trading was so strong that the Opening Price on the following day was significantly higher than even the High for the previous day, thus showing a Gap in the price pattern in the chart.

And I found some old thread on FF forum (our friendly forum) about trading system which can be used with this indicator : Average Volume Indicator?

And for now - please take a look at this volume indicator (attached).

Attachment 1992


Attachment 1993

Interesting indicator found - EVIndicator2011v1.02


Attachment 4521

Quote:

---

Originally Posted by igorad

Hi,

Please take a look at the AllVolumeAverage_v2 indicator which helps to detect Volume Breakouts at the market and can also be used to confirm the signal. This is upgrade of well-known VolumeAverage which I ported from EasyLanguage version. Plus you can find Buy/Sell signals with advanced Box alerts.

Code:

---

extern int    TimeFrame      =  0;    // TimeFrame in min
extern int    FastLength    =  3;    // Fast MA Period
extern int    FastMode      =  0;    // Fast MA Mode
extern int    SlowLength    = 20;    // Slow MA Period
extern int    SlowMode      =  0;    // Slow MA Mode
extern int    BreakoutPct    = 50;    // Breakout Percent

extern int    AlertMode      =  0;    // 0-off,1-on
extern int    SoundsNumber  =  5;    // Number of sounds after Signal
extern int    SoundsPause    =  5;    // Pause in sec between sounds
extern string  UpSound        = "alert.wav";
extern string  DnSound        = "alert2.wav";
extern int    EmailMode      =  0;    // 0-off,1-on
extern int    EmailsNumber  =  1;    // Number of emails after Signal

---

Attachment 768

Regards,
Igor

---

hi Igor,
that nice indi compile with b600+ , but get some "arrays passed by reference only" warnings; Nothing very scary, but i cant find how to fix them. I wonder if you can reload it with the fixes (showing me the way the fix such warnings with other indis).
Thanks for your effort.

Quote:

---

Originally Posted by gogolle

hi Igor,
that nice indi compile with b600+ , but get some "arrays passed by reference only" warnings; Nothing very scary, but i cant find how to fix them. I wonder if you can reload it with the fixes (showing me the way the fix such warnings with other indis).
Thanks for your effort.

---

Hi gogolle,

Please check out the updated AllVolumeAverage indicator for the new MT4.

Attachment 7793

Regards,
Igor

nice
indicator

Works nicely.

Thanks

Igorad

What do the purple and light blue lines signify? Is purple a MA and light blue an average vol?

Quote:

---

Originally Posted by pakeha

Igorad

What do the purple and light blue lines signify? Is purple a MA and light blue an average vol?

---

Hi pakeha,

These lines are the averages(fast and slow) of the Volume.

UniVolumeDeltaTrader_v1.0 600+ EA was created for premium forum. This is the EA based on the UniVolumeDelta indicator which is an attempt to implement the Volume Delta Chart type in the MT4 where Buyers and Sellers are separated with using of the Tug-of-War model.

Attachment 15096

Seems the other volume indicator is here:

Attachment 16196

Hi,

Please check out the updated AllVolumeAverage indicator with the new set of MAs. Plus you can find the same version which plots in the main window.

Attachment 23137


Regards,
Igor

Quote:

---

Originally Posted by igorad

Hi gogolle,

Please check out the updated AllVolumeAverage indicator for the new MT4.

Attachment 7793

Regards,
Igor

---

hi newdigital

i use this version on build 1010: AllVolumeAverage_v2 600+
but i think this version have little bug

correct or i mistake?

Attachment 23650

thanks very much

Quote:

---

Originally Posted by GLOSBE

hi newdigital

i use this version on build 1010: AllVolumeAverage_v2 600+
but i think this version have little bug

correct or i mistake?

---

I do not think it is a bug but I reported to Igorad anyway so he can make a suggestion or he will fix it for example.

Quote:

---

Originally Posted by GLOSBE

hi newdigital

i use this version on build 1010: AllVolumeAverage_v2 600+
but i think this version have little bug

correct or i mistake?

Attachment 23650

thanks very much

---

Hi GLOSBE,

I think in this case you should re-load the indicator once again.


Regards,
Igor

thanks Igor

yes it's correct

what is indicator name?
Attachment 23835

Quote:

---

Originally Posted by GLOSBE

what is indicator name?
Attachment 23835

---

Hi GLOSBE,

It looks very similar to the IN10TION Market Box with the Daily Open Price and with the Price Guide.


Attachment 23837



Regards,
Igor

Quote:

---

Originally Posted by igorad

Hi GLOSBE,

It looks very similar to the IN10TION Market Box with the Daily Open Price and with the Price Guide.


Attachment 23837



Regards,
Igor

---

hi igor

thanks for help

but where can i find it

in link you send i can't see it

kind regard

https://www.mql5.com/ru/code/11063

Attachment 24212

Attachment 24213

Heiken Parabolic Trading System system is working good with UniVolumeDelta indicator.

Attachment 34690

Attachment 34691

Attachment 34692

Attachment 34693

--------------
Heiken Parabolic Trading System - public links

- First version of the system is on this post
- Heiken Parabolic Histo trading system is here
- Heiken Parabolic Digital filters is on this post
- Scalping by those systems is on this post

--------------
UniVolumeDelta - premium section links

- UniVolumeDelta_v1.1 600+ indicator is on this post. This is an updated MTF indicator with ColorBarUp and ColorBarDn featureThis version works with Metatrader 4 build 600 and above.
- UniVolumeDelta_v1_1 indicator for MT5 is on this post. This is advanced Metatrader 5 indicator as an attempt to implement the Volume Delta Chart type in the MT4 where Buyers and Sellers are separated with using of the Tug-of-War model.
- UniVolumeDelta_v1_2 indicator for MT5 is on this post. This is advanced Metatrader 5 indicator as an attempt to implement the Volume Delta Chart type in the MT4 where Buyers and Sellers are separated with using of the Tug-of-War model. The indicator was updated updated with ability to plot histograms and lines separately with alert options.

Volume indicators were created for the premium section -
-------------

Attachment 35456

- UniVolumeDelta_v1_6 indicator for MT5 is on this post. This is the fixed UniVolumeDelta indicator updated to work properly on the offline charts, and it is able to plot the levels as lines from end of the time channel with the alerts for the channel bounds breakouts.
- UniVolumeDelta_v1.6 600+ indicator is on this post. This is the fixed UniVolumeDelta indicator updated to work properly on the offline charts, and it is able to plot the levels as lines from end of the time channel with the alerts for the channel bounds breakouts.This version works with Metatrader 4 build 600 and above.
- UniVolumeDelta_v1.6ea 600+ indicator is on this post. This is the fixed UniVolumeDelta indicator to work for the EAs (in case of someone will want to create EA based on this indicator).This version works with Metatrader 4 build 600 and above.

Attachment 35858

hello, Igorad/ new digital,

for volume and volatility i have been using this WAE indicator but i think that making the dead zone adaptive to ATR multiplier would be great compared to fixed dead zone. if its not too much can you help me?

Hi there, I am interested in the UniVolumeDelta indicator for MT4.

Why don't you guys sell it at mql5.com marketplace for US$18 or so? If that is the price for the premium subscription and to download it... I am really not interested in subscriptions, I just wanted the indicator.

Quote:

---

Originally Posted by logicgate

Hi there, I am interested in the UniVolumeDelta indicator for MT4.

Why don't you guys sell it at mql5.com marketplace for US$18 or so? If that is the price for the premium subscription and to download it... I am really not interested in subscriptions, I just wanted the indicator.

---

Minimum price for MQL5 Market place is US$30 according to their rules here -

Quote:

---

The minimum price of a paid Product that can be offered through the Market service is $30.

---

As to UniVolumeDelta indicator so there are many versions (for MT4 and MT5), and the author is Igorad, and he may decide: what to sell.

Attachment 36511

• Because premium section subscription is the payment for the entrance to commercial/paid part of the forum. Entrance fee only (of course, the subscribers will get everything for free but there is the entrance fee for the premium, US$19 for one month).
• And the selling the indicators/EAs/software is something different (different business sorry) which we are not doing it on the forum sorry; in case of buying something - I am sugesting to use MQL5 Market.

You can speak with Igorad (his profile on the forum to send PM is here) .. there is Freelance for example ..

Oh I see. I will send him a PM, if he wants I can send the money via paypal.

@nd Is the UniVolumeDelta an improved version of AllVolumeAverage? Is there a post you can link me to that explains the working/logic behind UniVolumeDelta. For example different settings for Cumulative Mode?

If UniVolumeDelta is different from AllVolumeAverage. Can I request an MT5 version of AllVolumeAverage. Thanks!

Quote:

---

Originally Posted by igorad

Hi,

Please check out the updated AllVolumeAverage indicator with the new set of MAs. Plus you can find the same version which plots in the main window.

Attachment 23137


Regards,
Igor

---

Igor,

Is it possible to update this AllVolumeAverage indicator and add an option for the period length to be a function of PAM/DDM/HM?

Thank you,

Mansa

Hi ND,

Should I move this request to the "Discussion and Requests" forum or can you help inform Igor.

Thank you!

Quote:

---

Originally Posted by Mansa

Igor,

Is it possible to update this AllVolumeAverage indicator and add an option for the period length to be a function of PAM/DDM/HM?

Thank you,

Mansa

---

Quote:

---

Originally Posted by Mansa

Hi ND,

Should I move this request to the "Discussion and Requests" forum or can you help inform Igor.

Thank you!

---

I will remind to Igor now (seems he is overloaded by the requests).

Quote:

---

Originally Posted by newdigital

I will remind to Igor now (seems he is overloaded by the requests).

---

:(handshake):

Quote:

---

Originally Posted by Mansa

Igor,

Is it possible to update this AllVolumeAverage indicator and add an option for the period length to be a function of PAM/DDM/HM?

Thank you,

Mansa

---

Hi Mansa,

Please check out the AllVolumeAverage Adaptive indicator for sub-window and the main chart with 3 methods of the Dominant Cycle Calculation:
- Dual Differentiator Method
- Phase Accumulation Method
- Homodyne Method


Attachment 42548



Regards,
Igor

Quote:

---

Originally Posted by igorad

Hi Mansa,

Please check out the AllVolumeAverage Adaptive indicator for sub-window and the main chart with 3 methods of the Dominant Cycle Calculation:
- Dual Differentiator Method
- Phase Accumulation Method
- Homodyne Method


Attachment 42548



Regards,
Igor

---

Igor,

Thank You!! I know that you are busy and I appreciate you for taking the time to get this done.

Hi Mansa,

Please check out the fixed versions.

Attachment 44569

Regards,
Igor

Quote:

---

Originally Posted by igorad

Hi Mansa,

Please check out the fixed versions.

Attachment 44569

Regards,
Igor

---

Great and I appreciate the quick turnaround! Thank you, Igor!! :(y):

Attachment 45933

Quote:

---

Welcome to this new article in our series about learning how to design a trading system based on the most popular technical indicator. Here is a new important technical indicator that gives us insights about a different perspective in the market - the Volumes indicator. We will cover this indicator through the following topics:

1. Volumes definition
2. Volumes strategy
3. Volumes strategy blueprint
4. Volumes trading system
5. Conclusion

---

more...