today, as most mondays are, a strong trend day it can be tough to use volume for analysis because of the lower volume.

Need help to make Cumulative Volume Index indicator for MT4

ya mine is CVI (cumulative volume index). Same idea in theory just accumulates positive and negative volume and gives you the delta. You will get different movement in comparison to the CumulativeDelta but the same ideas of strategies can be used ...

Delta Volume - Cumulative Delta Volume

Looks about right, with regards to GOLD

Delta Volume - Cumulative Delta Volume

I would read it as once the correlation goes out of a range of 50% it becomes a continuation of trend. The thought process is, lots of small/medium sized volume is happening trying to take price higher in this example, however the big players are ...

Delta Volume - Cumulative Delta Volume

thanks, some times you need a good refreshing changing. I will check it out

Delta Volume - Cumulative Delta Volume

noob question but how do you do that ?

Delta Volume - Cumulative Delta Volume

I'm curious what are the yellow lines in your screenshot ?

Delta Volume - Cumulative Delta Volume

Ah thank you, Yes this one does work, the one difference is the one I posted extended to show the FULL hour, even if lets say its only 19 minutes after. That feature is the main reason I was hoping to have the candle overlay to show the full current ...

Candle Overlay Lookback - Help

Oh geez quick response, haha awesome thanks

Need help to make Cumulative Volume Index indicator for MT4

Hey your an awesome guy for going above and beyond doing this. Noob question, when you say place the history file in the file folder........what file folder do you mean ?

Need help to make Cumulative Volume Index indicator for MT4

OMG LMAO you know exactly what Im talking about, this is very exiting. those both are prime examples, very nice. Both Delta and Cumulative are hidden gems IMO as can be seen.

Need help to make Cumulative Volume Index indicator for MT4

Hey Sciurus That history idea, sounds pretty awesome. Just want to add, that fibos can be something that really helps out with the correlation of volume to price. It seems when price is within a range of correlation to volume the divergence and ...

Need help to make Cumulative Volume Index indicator for MT4

I know exactly what you are saying. During off hours price and volume dont correlate together because there isnt enough market makers to impact price movement i isn either direction. To add volume becomes a factor IMO between 12am EST to 1 pm EST. ...

Need help to make Cumulative Volume Index indicator for MT4

Hey Im not 100 sure what you when you say " constant volume chart" ? The screen I up loaded was a 1 minute chart with an OBV (pink line) and the cumulativedelta. I use FXCM servers and have found they have higher tick volume compared to most other ...

Need help to make Cumulative Volume Index indicator for MT4

Cheers is right, this is really awesome. Thanks for doing this, just used it this morning (with my other tools), and find this provides very good insight. Also added the same file for a white background

Need help to make Cumulative Volume Index indicator for MT4