It provides three different volume spread analysis indicators and volume-based tools. Our volume spread analysis tool is a combination of volume spread analysis and signal processing theory.
These tools help you complete your trading decisions with high accuracy. As long as you understand the concept of cumulative and distribution areas in volume spread analysis, these tools can help you predict the existence of cumulative and distribution areas. Therefore, you can predict the best trading opportunities.
First, the Volume Spread Pattern Indicator is a powerful volume spread analysis indicator that works across multiple time frames. The Volume Spread Pattern Indicator not only provides a bearish and bullish volume spread pattern in the current time frame, but also detects the same pattern in all time frames. Just open one chart and you’ll be notified in real time of bullish and bearish patterns across all timeframes.
The link to the volume spread pattern indicator is as follows:
Second, the Volume Spread Pattern Detector is a light version of the Volume Spread Pattern Indicator above. This is a free tool with limited functionality. However, volume spread pattern detectors are used by thousands of traders. In particular, it works well with support and resistance and confirms turning points. This is a free tool. Grab only one.
Both the Volume Spread Pattern Indicator and the Volume Spread Pattern Detector work well with the Excess Momentum Indicator, as it helps the Excess Momentum Indicator to automatically detect potential accumulation and distribution areas. Therefore, if you are using the excess momentum indicator, you should use one between the volume spread pattern indicator or the volume spread pattern detector.
Here are some links to indicators of excess momentum:
Third, it provides a volume zone oscillator. This is another useful free tool to utilize volume information for your transactions. These tools can be further used for volume spread analysis, harmonic patterns, Elliott wave patterns, and X3 price patterns. This is a free tool. Grab only one.
Volume Spread Analysis Index List-Trading System-January 4, 2021
https://www.mql5.com/en/blogs/post/742232?utm_campaign=RSS&utm_medium=display&utm_source=MQL5+EN+Blog Volume Spread Analysis Index List-Trading System-January 4, 2021