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Platform: Metatrader 4&5 - Windows 32|64bits app
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99% of indicators are based on price analysis.
This indicator is based on volume. Volume is overlooked piece of information in most trading systems.
And this is a big mistake since volume gives important information about market participants.
Normalized Volume is an indicator to confirm reversal points.
The indicator code volume with colors indicating high, normal and low volume.
You could enhance dramatically your trading system using Volume analysis. This is what most professional traders do.
Inputs of the indicator are:
Trading requires an edge over the market. Volume could be your edge over other participants who do not use Volume as part of their analysis.
The indicator can be used with any tim frame.
The indicator can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities, and Cryptos.