Despite such volume, the market is also volatile. We all know that the Forex market is complex. Check the image below for the perfect example. Receiving various information, they filter out the market noise and independently decide whether to enter the market or to close positions. What you see in the spot Forex market is not the actual traded volume. Psychological indicators, these assistants are not exactly the trading robots, because they don't even have a mathematical algorithm. Don Worden wanted to see where the market has a large-lot activity. How to Use Volume Indicator MT4.
Volumes are relative, especially in the harmonische Muster Indikator forex factory Forex market. How to Use Time Segmented Volume one of the best ways to spot reversals. Perhaps the best volume indicator, the Chaikin indicator is Marc Chaikins creation. Second, they look when the volume oscillator breaks out. Or, to spot reversals.
Working in the MT4, you can simultaneously apply several indicators, obtain more accurate current data, and forecast the price behavior. As for pairing the tools, the macd works well with the Bollinger Bands - both indicators are the trending ones. It works well for a Forex pair too. The Forex volume indicator strategy is to buy or sell when it crosses from positive to negative or negative to positive territory.