The indicator Future Volume is a unique, professional financial instrument based on total candle volumes, which is able to predict further price changes. It shows “oversold” and “overbought” points with colors by using candles volume. This indicator does not repaint or not recalculate. All lines are shown when a new candle is open, never winking or vanishing in the current candle. These lines are appeared at the beginning of the current candle. You can watch our other indicator’s videos to see the movement of signals in current candle.
SETTINGS AND INPUTS:
2) “Filter 2” and “Filter 3” are giving signals for trend markets. “Filter 4” is a filter of trend markets.
If you set Filter2=0,Filter3=0,Filter4=0 and let others be same, you can see signals of sideways markets.
(0,0,5,3,30) for trend market settings…
(3,2,0,0,0) for sideways (choppy) market settings…
(3,2,5,3,30) for both markets…
In order to build your expert advisor, you can use the code below.