Normalized Volume Indicator (MT5)
The Normalized Volume Indicator (MT5) is a powerful tool for traders using MetaTrader 5. This indicator helps to identify the strength of market movements by comparing current volume to average volume over a specified period. By normalizing the volume, it becomes easier to spot trends and potential reversals. To use this indicator effectively, simply add it to your MT5 platform and adjust the settings to your preference. The pros of using this indicator include its ability to provide valuable insights into market dynamics and its user-friendly interface. However, it’s important to note that like any indicator, it has its limitations and should be used in conjunction with other analysis tools.
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Description
FAQ
- Can I download this indicator ‘Normalized Volume Indicator (MT5)’ for free?
- Yes, this indicator – Normalized Volume Indicator (MT5), like other indicators presented on the site, is free, with the exception of those where there is a fee, they are available only on the official website of the developer
- Where does this Indicator come from?
- The Indicator, like others, is collected from the official website of trading platform MetaTrader 5 and developers
- Can I use Normalized Volume Indicator (MT5) on the mobile version of the trading platform MetaTrader 5?
- No, indicators can only be used on the web version of the trading platform MetaTrader 5.
Additional information
| Platform | MetaTrader 5 |
|---|---|
| Format | ZIP |
| Price | Free |
| Safety | Safe |
| Type file | Indicator |
| Size | 266kB |
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