Volume Average Percent Indicator

Volume Average Percent Indicator

Forex BUY and SELL signals from the best Volume Average Percent indicator. Uses the volume of trades as a percentage to determine the direction of the trend.

The Volume Average Percent indicator is a simple MT5 indicator that shows the volume of trades as a percentage, relative to a selected period. The indicator uses EMA as a form of MA.

The indicator shows light green, orange, red and green stripes in the window below and the level is 100%. Columns that have gone beyond the 100% level indicate an increased volume of transactions.

Red bars indicate high volume when the price is falling, while green bars indicate an uptrend with high volume.

Volume Average Percent Indicator BUY/SELL signals

The above hourly GBP/USD chart shows high volume trading signals shown by the indicator. Traders need to independently determine the direction of the trend, and the red and green bars will tell you when the price may reverse. The higher the columns, the greater the volume of transactions relative to the previous period.

When red bars appear, it indicates high trading volume along with falling prices, and traders may be looking to take short positions. This is a bullish trend where green bars appear and traders can go long.

The indicator can also be used to detect market reversals. When the indicator changes color, traders can close their long or short positions. Traders can also use the indicator with other indicators such as RSI or others.

Conclusion
The Volume Average Percent indicator shows the relative volume of trades by drawing red and green bars in %. In addition, you can download the indicator for free from our website.