Modified:
84

Uni Volume Delta Indicator for MetaTrader 5 Download - Free - [TradingFinder]

TradingView

MetaTrader4

MetaTrader5

$5FreeFor a limited time
Uni Volume Delta Indicator for MetaTrader 5 Download - Free - [TradingFinder]
Uni Volume Delta Indicator for MetaTrader 5 Download - Free - [TradingFinder] 0
Uni Volume Delta Indicator for MetaTrader 5 Download - Free - [TradingFinder] 1
Uni Volume Delta Indicator for MetaTrader 5 Download - Free - [TradingFinder] 2
Uni Volume Delta Indicator for MetaTrader 5 Download - Free - [TradingFinder] 3
0
84
0
Modified:

The Uni Volume Delta Indicator is one of the MetaTrader 5 oscillators used for analyzing the difference between buying and selling volume.

This indicator displays trading volume information in a separate window, making it easier to visualize order flow changes and evaluate the strength of buyers and sellers.

Uni Volume Delta Indicator Specifications

The table below summarizes the features of the Uni Volume Delta Indicator:

Category

Power - Oscillator - Trading Tool

Platform

MetaTrader 5

Skill Level

Intermediate

Indicator Type

Trend-following - Reversal

Time Frame

Multi-time frame

Trading Style

Intraday Trading

Markets

Cryptocurrency - Forex - Stocks

Indicator in an Uptrend

On the CAD/CHF currency pair chart, the growth of green bars, along with a decrease in red bars, indicates buyer dominance in the market.

This MT5 trading assist can be used to identify entry points for trades, especially when green bar volume increases and signals continuation of buying pressure.

Uni Volume Delta Indicator in Uptrend in 4-Hour Timeframe
Increasing green bars in an uptrend with the Uni Volume Delta Indicator

Indicator in a Downtrend

In the AUD/CHF currency pair downtrend, if the selling volume (red bars) is greater than the buying volume (green bars), it indicates increased selling pressure and seller dominance in the market.

This situation may indicate a continued price decline, especially if the selling volume increases during upward corrections, suggesting that sellers still control the market.

Uni Volume Delta Indicator in a Downtrend
Increasing red bars in the Uni Volume Delta Indicator in a downtrend

Indicator Settings

The image below shows the settings panel of the Uni Volume Delta Indicator:

Uni Volume Delta Indicator Settings
Displaying the settings section of the Uni Volume Delta Indicator in MetaTrader 5
  • Up Bar Color: Color of the upward bars
  • Down Bar Color: Color of the downward bars
  • Lookback: Calculation period for the indicator

Conclusion

The Uni Volume Delta Indicator is a practical tool that displays the difference between buying and selling volume.

This indicator uses colored bars at the bottom of the chart to show the strength of buyers and sellers and plays a key role in market trend analysis.

score of blog
5 From 5.0
(1)
Rate this post
FAQs

Is the Uni Volume Delta Indicator available in MetaTrader 5?

Yes, Uni Volume Delta is fully compatible with MetaTrader 5 and can be easily installed and used on this platform.

How can I use the Uni Volume Delta Indicator to confirm an uptrend?

If the green bar volume increases while the red bar volume decreases, this indicates buyer dominance and suggests a continuation of the uptrend.

0Comment