price volume histogram

price777999

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anyone seen an indicator like this for MT4 ?
 

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looks like a market profile type indicator? But I dont think there is such thing as volme on forex? I think The volume on MT is being calculated on ticks for a specific time frame and not on the number of contracts traded.
I look at the actual futures contract of currencies on a different platform(where you can monitor the profile), and trade the FX on metatrader from the futures signals.
 
you dont get volume for forex on retail platforms, so wasting your time looking at that. the volume shown is actually ticks, number of trades made, not volume
 
or maybe its a trick , trying to steer me away from the holy grail indicators so i dont become a powerful bilionair ?

i know your game mate !:LOL:
 
Effort index

Hello guys,
I have found an indicator called Effort index for Amibroker. I think it'll be helpful to have it for MT4, because i couldn't find a similar version. It could be helpfull, maybe in combination with other indicators such as Better volume.
Unfortunately I don't use Amibroker, therefore, I don't really know the logic behind this AFL code.

Information and logic for this indicator is here:
karthikmarar.blogspot.ro/2013/06/effort-index-afl.html
www.youtube.com/watch?v=iyD3TZTaxmk

thx
 

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you dont get volume for forex on retail platforms, so wasting your time looking at that. the volume shown is actually ticks, number of trades made, not volume

absolute vol is not important, relative volume is, which is why tick volume actually works out more useful.... i have doubled my account several times over using tick vol.
 
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