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MetaTrader 5 Indicator | Positive Negative Volume

This oscillator indicator displays volumes taking into account the direction of the candlestick. If a candlestick is bullish, then the positive histogram of the volume appears, on bearish candlesticks the histogram is negative.

Candlestick direction calculation type is set by the only adjustable parameter:

  • Calculation method - calculation method
    • Price - calculation using the candlestick Open/Close
    • Heiken Ashi - calculation using the Heiken Ashi candlestick method

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Fig.1. Calculation using Open/Close

MetaTrader Experts, Indicators, Scripts and Libraries

Fig.2. Calculation using Heiken Ashi

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