Forex Intrday Volume Trading System

Please don't publish some other file(ea/indicator) to this thread since wish to maintain it clear. All up to date ea/indicator shall be publish in publish #1.

This indicator works for all brokers and for all pairs.
How this indicator works:
1) Connect to any chart
2) On prime left nook, you will note:
i) BMC Max Worth: xxx with quantity: yyy (Worth degree amassed with most quantity(purchase and promote))
ii) BMC Purchase Worth: xxx with quantity: yyy (Worth degree amassed with most purchase quantity)
iii) BMC Promote Worth: xxx with quantity: yyy (Worth degree amassed with most promote quantity)

You simply look ahead to the worth degree modifications and motion in accordance. This indicator can have enhancements as occasions go on.

Vrywaring: Alert supplied by indicator doesn't obligatory characterize the precise market motion. Observe the advice at your personal threat. Creator of the indicator is not going to held any accountability for any achieve/misplaced ensuing from the alert sign.

Hooked up is the results of buying and selling GBPJPY with IBFX with custom-made Volume Evaluation Indicator.

Right here is the desk of values I summarized all through the day.
Tyd(GMT) Max Complete Vol Max Purchase Vol Max Promote Vol
04:23 133.04 133.03 133.05
05:23 133.50 133.50 133.51
09:23 133.54 133.54 133.56
12:23 135.27 133.54 133.56
14:23 135.20 135.20 135.21
15:23 135.20 135.20 135.21

1) As we are able to see the worth is shifting from 0000GMT and accumlated some quantity in 133.03/05 degree and value advance to 133.50.
2) Worth transfer to 133.50 and amassed sufficient purchase quantity (131 for purchase and 80 for promote ) and value jumps about 90 pips and retest the identical degree and rebound for one more 200pips.
3) Worth consolidates at round 135.21 degree and begins accumulate volumes and @14:50GMT, 135.21 accumulates sufficient SELL volumes and value sink like no look again for 300pips.

Complete of 500pips intraday with quantity evaluation. No different indicator is utilizing.