SonicR VSA Indicator for MetaTrader 4 Download – Free – [TradingFinder]

The SonicR VSA Indicator is one of the volume trading indicators for MetaTrader 4 that displays market volume changes as a histogram. Using four colors (green, red, blue, and gray) and bar sizes, it helps traders interpret volume dynamics in Technical analysis.

By analyzing these volume changes, traders can identify market trends and perform deeper technical analysis based on volume fluctuations, enhancing their understanding of market dynamics.

SonicR VSA Indicator Specifications

Below are the general specifications of the indicator:

Uptrend Example

In the 4-hour chart of NZD/USD, the SonicR VSA Indicator shows rising buying volume. Traders can anticipate a trend reversal when green bars appear at the end of a downtrend and enter buy positions as volume surges.

Downtrend Example

In the 30-minute chart of USD/CAD, the SonicR VSA histogram displays red bars, signaling strong selling pressure over the last 20 candles.

Traders can use this data to execute sell trades or refine their strategies. The indicator provides deeper market insights, enabling targeted decision-making.

SonicR VSA Indicator Settings

Below are the customizable settings for the indicator:

• Averaging Period: Adjust the candle count for volume averaging;
• Over Average Factor: Set the threshold for high-volume detection;
• Voice Alert On/Off: Toggle audio alerts;
• Text Alert On/Off: Enable/disable text notifications;
• Show Indicator Short Name: Display volume parameters in the oscillator window;
• Analysis Go Back: Set the historical period for volume peak detection.

Conclusion

The SonicR VSA Indicator is a MetaTrader 4 tool that visualizes market volume changes via a color-coded histogram. Its intuitive design simplifies volume-based analysis, helping traders make data-driven decisions.