Aliev Fx Volumes Indicator
Best volume indicator for MT4. Helps anticipate supply/demand positions and precise BUY SELL zones. Identify solid price swing levels using simple volume bars.
Categories: MT4, Volume, Informational
Aliev Fx Volumes is an advanced MT4 volume indicator that helps analyze the balance between the supply and demands of the trading assets in live markets. Also, Aliev Fx Volumes states the accurate reading of the volumes consumed during each candle period, unlike the typical volume indicators.
Indicator doesn’t generate a direct trade entry or exit signals. It provides a clear view of the bullish/bearish force driving the price and helps predict the upcoming market trend. Also, technical traders use to match the indicator’s volume bars with recent price actions to determine precise buy-sell positions.
This guide will explain how to apply the Aliev Fx Volumes indicator for identifying potential trading opportunities in MT4. Also, we’ve included a few chart examples showing how the indicator works for your better understanding.
How to trade with the Aliev Fx Volumes indicator in MT4
Aliev Fx Volumes use blue and red color bars to show the positive and negative volume signals. The bars in light blue color signal an equal position of supply and demands. We’ll anticipate the potential price swing levels based on a gradually increasing or decreasing pattern of the positive/negative volume bars.
In the EURUSD H4 chart, we can see the price rejects the horizontal support at 1.1130 after making a solid bearish run. The price plots a large bullish candle above the support level while the volume bar turns blue and starts to increase gradually. At a point, the chart prints a solid bullish pin bar with a higher positive volume bar, indicating a bullish trend. According to our strategy, it is a perfect setup for going long.
Conversely, we’ll go short when the chart prints bearish reversal patterns and the indicator plots rising red volume bars simultaneously.
Indicator doesn’t signal buy/sell levels straightway. Therefore, using support/resistance tools alongside the volume bars can be ideal for identifying precise trade entry and exit levels.
Conclusion
Despite being an advanced MT4 volume indicator, is still beginner-friendly. It suits all types of trading styles, including trend-following and swing trading. Moreover, this indicator works on MTF charts and fits both day and intraday trading. According to our review, Aliev Fx Volumes is the best volume indicator developed for Metatrader 4 platforms.
You must be logged in to post a review.
Reviews
There are no reviews yet.