AZZX Emavol 1.0 Indicator

AZZX Emavol 1.0 Indicator

AZZX Emavol 1.0 indicator for mt4 – download free. Best volume indicator for mt4. Momentum indicator for mt4.

The AZZX Emavol 1.0 Indicator For MetaTrader is a forex technical tool that detects the fluctuation of the tick volume of an asset. The indicator is built with non-lagging lines that efficiently track the rise and fall of tick volumes.

This mt4 indicator essentially helps you to visualize the impact of different market participants in a trading session. This in turn gives you a clearer picture of why the market is moving in a certain direction.

Furthermore, the indicator is suitable for novice, intermediate, and experienced traders. Moreover, it can be used for scalping, day/intraday, and swing trading.

How To Trade The AZZX Emavol 1.0 Indicator

The above screenshot shows how the indicator would look on your mt4 platform. The AZZX Emavol 1.0 indicator isn’t a signal-generating tool as other BUY/SELL indicators. It’s a tool that helps you to keep a tab on the tick volume of an asset.

The indicator comes with three distinct lines that depict different market conditions.

Pale green line – This line depicts the tick volume of the asset. It rises/falls as the tick volume increases/decreases.

Blue – This line suggests a possible downward move.

Red – This line suggests a possible upward move.

The line that crosses and stays at the top is considered the prevailing market condition. For instance, when the RED line is at the top of the other lines (pale green and blue), it shows that the market is trending to the upside.

With the above scenario, you may then monitor the pale GREEN line to determine if the tick volume of that asset is increasing or decreasing.

Conclusion
The AZZX Emavol 1.0 indicator for MT4 is a trading tool that would help you to monitor the increase/decrease in the tick volume of an asset. What’s more, the indicator is free to download.