All Variants of Normal Volume Indicator MT5 Download - [TradingFinder]

The All Variants of Normal Volume indicator is a practical tool in MetaTrader 5 that analyzes Technical market behavior and detects changes by comparing trading volume with average volume.

This Volatility indicator evaluates volume fluctuations and unusual changes, facilitating the identification of strong trends, reversal points, and optimal entry and exit points.

All Variants of Normal Volume Specification Table

Table below shows the general specifications of the All Variants of Normal Volume indicator on the MetaTrader 5 platform.

Uptrend Conditions

The price chart below shows the global gold against the US dollar (XAU/USD) in a 5-minute timeframe. When the Metatrader oscillator's average volume lines approach the orange line from below level one, it reflects the strength of the uptrend and provides a suitable range for entering buy trades.

Downtrend Conditions

The image below displays the EUR/USD currency pair chart in a 30-minute timeframe; when the oscillator's average volume lines cross from levels above one toward the orange line, it signals confirmation of a strong downtrend. This situation indicates favorable conditions for entering sell trades.

Indicator Settings

The customizable settings for the All Variants of Normal Volume indicator are as follows:

•   Type of volume to use (tick or real): Choose the type of volume
•   Smoothing method (SMA, EMA, etc.): Select the smoothing method
•   Smoothing period or depth (number of bars): Set the smoothing period or depth
•   Smoothing phase parameter (affects smoothing): This parameter affects the smoothing phase

Conclusion

The All Variants of Normal Volume indicator is an advanced tool for volume analysis that identifies trading anomalies by comparing trading volume with average volume. This tool detects smart money inflow and outflow, validates trends, and identifies volume divergences.