Aggression Volume index is that the type of index that’s seldom found in the MQL5 community because it isn’t based on the normal Volume data
provided by the Metatrader 5 stage. It requires the evaluation of traffic Ticks asked on the platform…
That stated, Aggression Volume index requests all Tick Data from the Broker and procedures it to construct a very special version of a Volume
Indicator, where buyers and sellers aggressions are plotted in a form of Histogram.
Additionally, you can cross-reference all this Volume data against a N-period SMA (contained in the indicator) and have like a threshold for the current
Volume, compared to its past behavior.
Hope this indicator will serve well those operating the Wyckoff Method, Price Action traders, or those addicted to confirmation tools…
- How many past bars you want to process? This way you avoid overloading you Metatrader and focus on your main goal.
- Volume Type to process: Real Volume or Ticks Volume
- Show Simple Moving Average on indicator?
- Simple Moving Average period setting
- Time (in seconds) to periodically check for Missing Bars… This is necessary because not all brokers work smoothly providing ticks for
Metatrader. So, in this case, The indicator will reinforce the load of any missing bars. Please be advised that this indicator could
behave “weird” (incomplete bars) when the market is closed.
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This indicator will NOT WORK for Brokers and/or Markets with NO LAST PRICE in their feed, as for instance, Currency Pairs – that
only have BID and ASK prices.
If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…
This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…
With No Strings Attached! Ever!
Live Long and Prosper!
😉
This indicator will NOT WORK for Brokers and/or Markets with NO LAST PRICE in their feed, as for instance, Currency Pairs – that
only have BID and ASK prices.
If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)…
This will mean A LOT to me… And this way I can continue to give away Cool Stuff for Free…
With No Strings Attached! Ever!
Live Long and Prosper!
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