Better Volume 1.5 MT4 Forex Indicator

Name: Better Volume 1.5 MT4 Forex Indicator - Best Forex Robot
Brand: Free Indicator
Availability: InStock

Tired of relying on the basic MT4 volume indicator? Elevate your forex trading strategy with the Better Volume 1.5 MT4 Indicator. This powerful tool offers enhanced volume analysis, providing deeper insights into market trends and potential price movements. Discover how the Better Volume 1.5 indicator can help you make more informed trading decisions and potentially improve your results.

What is the Better Volume 1.5 Indicator?

The Better Volume 1.5 Indicator is a custom-built volume indicator designed specifically for MetaTrader 4 (MT4). It surpasses the default MT4 volume indicator by offering these enhanced features:

Color-coded volume bars: Instantly understand volume dynamics with different colored bars representing varying volume levels and market sentiment.
Filtering options: Customize the indicator to pinpoint specific volume patterns.
Potential versatility: Some traders find it helpful for both intraday and swing trading strategies.

How Does the Better Volume 1.5 Indicator Work?

The Better Volume 1.5 indicator utilizes a sophisticated algorithm to analyze tick volume (the number of underlying transactions within a given timeframe). Here’s how it interprets and presents volume data:

Color	Interpretation
Blue	Normal trading activity
Yellow	Low trading volume
Green	High trading volume, typically signifying increased buying interest
Red	High trading volume, typically signifying increased selling pressure
White	Extremely high volume, possibly indicating strong momentum

How to Install the Better Volume 1.5 Indicator in MT4?

Download: Find a reputable source to download the Better Volume 1.5 indicator (usually a .mq4 or .ex4 file).
Locate the MT4 Data Folder: Go to “File” -> “Open Data Folder” -> “MQL4” -> “Indicators”.
Place the File: Paste the downloaded indicator file into the “Indicators” folder.
Restart MT4: Close and restart your MT4 platform for the indicator to appear.
Apply to a Chart: Find “Better Volume 1.5” in the “Navigator” window under “Custom”. Drag and drop it onto your desired chart.

How to Use the Better Volume 1.5 Indicator for Trading

The Better Volume 1.5 indicator can be incorporated into your trading approach in several ways:

Trend Confirmation: Observe volume spikes to confirm the strength of an existing trend.
Trend Reversal Signals: Look for divergences between price and volume, as well as yellow bars, which might hint at a potential trend change.
Volatility & Breakout Identification: White bars often signify periods of high volatility and potential breakouts

Example Trading Strategies Using the Better Volume 1.5 Indicator

Volume-Based Breakout Strategy: Look for green bars with increasing size during an uptrend breakout, or red bars with increasing size during a downtrend break. Conversely, declining volume may signal a weakening breakout scenario.
Volume-Based Trend Reversal Strategy: Watch for divergences. For example, a price making a new high, but the Better Volume 1.5 indicator displaying lower volume (i.e., declining green bars), could indicate a bearish reversal is in play.

Pros and Cons of the Better Volume 1.5 Indicator

Here’s a quick overview in table format:

Pros	Cons
Enhanced volume visualization	Can be visually complex for some
Customizable settings	Requires some learning and interpretation
Potential to improve trading decisions	Not a standalone trading system

FAQs

Q: Where can I download the Better Volume 1.5 Indicator?
A: Reliable sources include Forex forums like Forex Factory or websites specializing in trading indicators.
Q: Is the Better Volume 1.5 Indicator free?
A: Both free and paid versions exist. Ensure you download from a reputable source.
Q: Can it be used on all timeframes?
A: Yes, but its effectiveness may vary, so experimentation is key.

Q: Should I use the Better Volume 1.5 Indicator alone?
A: Absolutely not. It’s best to utilize the Better Volume 1.5 indicator in conjunction with other technical indicators and fundamental analysis for a comprehensive trading approach.
Q: Does the Better Volume 1.5 Indicator work with all currency pairs?
A: Yes, the indicator can be used with any currency pair on the MT4 platform.
Q: Does the Better Volume 1.5 indicator repaint?
A: Depending on the version you’ve downloaded, it may or may not repaint. Repainting means the indicator changes its signals after the candle has closed, which can be misleading for some traders. Check the documentation or user reviews of your specific version.

Tips for Using the Better Volume 1.5 Indicator:

Combine with Other Tools: Use the Better Volume 1.5 indicator alongside price action analysis, trend lines, support and resistance, and other technical indicators for stronger confirmation.
Experiment with Timeframes: Test the indicator on various timeframes to see where it might be most effective for your trading style.
Backtest: Before going live, backtest your strategies using the Better Volume 1.5 indicator to gauge its potential.
Context is Key: Don’t make trading decisions based solely on volume. Always consider the broader market context and price dynamics.

Conclusion

The Better Volume 1.5 MT4 indicator is a powerful tool that can enhance your forex trading toolkit. By providing deeper volume insights, it can assist in identifying market trends, potential reversals, and volatility. Remember, successful trading requires a combination of tools and analysis. Use this indicator as a valuable add-on while continuing to develop your overall trading strategy.

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Onetime Payment

Pay once, use forever. No need for monthly subscription.

Lifetime Access

You will get lifetime access to download from the dashboard.

Multiple Accounts

You will get unlimited version to use on multiple accounts.

FEATURES

Automated System

Opens, manages, and closes the best trades for you. No need to lift a finger.

Great Trading Strategy

Plots chart price in real time to find the best entry and exit points with no lag.

Fully Optimized Settings

Comes loaded with optimized settings for all common forex pairs.

Real Time Broker Shield™

Keeps shady brokers from trading against you by guarding your trade information.

Most Popular Forex Robot

The #1 choice of professional forex traders using expert advisors.

Simple To Setup And Use

Designed for any skill level. Get up and running in less than 5 minutes.

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Pay Once Use Forever. Lifetime Access with Multiple Accounts.

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Hurry! Special Discount is only available for first 50 orders.

90 Days Money Back Guarantee

Offer will End & Price will go up very soon. If you want consistent profit, do not think, Just click the Buy Now button.

After completing the successful payment, you will get instant download option from the Dashboard.

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FREQUENTLY ASKED QUESTIONS

What is Forex Trading?

The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies. The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over US $3.98 trillion in April 2010 by the Bank for International Settlements.

What is EA (Expert Advisor)?

Expert Advisors (EA) / Forex Robot are used to render the trading process automatic allowing to exempt the trader from continuous watching the market. Many professional traders have a big amount of trading systems allowing them to work in different markets and under different conditions. EA is robotic script written in MQ4 language. It can work in the Metatrader 4 trading platform.

I have no experience with Forex Robots. Is it easy to use?

Yes it is easy to use. Forex Robot is based on a new generation technology that allows you with a few clicks to install, run and start earning money. No need to be professional. Everyone can do it. It is completely hands free and the whole process is 100% automated.

How can I install Forex Robot? Is it easy?

Yes it is too easy. Just a few steps and you will be ready to use Forex Robot. You will also get a guide when you purchase any Forex Robot, it will help you to install EA. If you still need any help please contact with us.

Can Forex Robot work when i am away?

Yes Forex Robot can work 24 hours per day from the market opening on Monday to the market closing on Friday. You don’t need to monitor you trades. Our Forex Robot will do it for you. It will monitor the trades, open and close positions automatically.

Where can I download MT4 (Metatrader 4) trading platform?

MT4 is a free trading platform. You can download it from the official web sites of your broker. Here is the list of most popular brokers.

What do I need to start trading Forex?

First you need a computer with a minimal hardware configuration and a stable internet connection. Second you need to install Metatrader 4 trading platform. You don’t need to have any additional Forex knowledge.

Can I use Forex Robot with any broker?

You can use any broker that offers the Metatrader 4 trading platform. But for Best Result we suggest you to trade with most popular brokers.

Can I use Forex Robot with Multiple Accounts?

You can use Forex Robot with Multiple Accounts. There is no restrictions.

Should I trade myself when I use Forex Robot?

You don’t need to trade yourself. Just turn on Forex Robot and let it trade using your account to bring some profit for you. Of course you can trade manually too. But we recommend that you use only Forex Robot to avoid any loss.

Do you offer free updates?

Yes we offer free updates of our robot. Our development team will not stop improving of the Forex Robot and make it competitive on the market under actual market conditions.

I don't have much money. What is the minimum amount needed to start trading?

We know that the money is the main question. We know well that many people don’t have much money to get started. Our robot is made to be able to trade with a minimum amount of money. The minimum amount depends to your brokerage company too. You can start trading with a small amount as $50.

What time frame is recommended to use Forex Robot?

Every Forex Robot is unique. Please check the guide before trading. If you don’t understand which one is suitable please contact us.

Do you provide customer support?

Yes we provide customer support. Our support team is working 24/7 for you. If you have any questions about our robot don’t hesitate to contact us.

Can I use Forex Robot on other currency pairs?

Yes you can use. Please Backtest before using it in a real trading. Or use Demo Trade for at least one month with your broker spread and proper balance. Never use in live trading with any pair without demo testing. It is always better to invest time before losing any money.

What kind of internet connection and computer hardware do I need?

We recommend to have a stable internet connection and computer hardware, working without interruptions 24 hours a day from the Forex market opening on Monday to the market closing on Friday. Crypto market is open everyday 24×7.

Do i need VPS?

If you can’t keep your PC / Laptop on 24 hours a day so better choice is to get a vps service.

What will happen if I lose internet connectivity for a short time?

Robot will stop working. You must have to start the robot as soon as possible. Otherwise your running trades will not be closed and it may occur big draw down.

I want to Buy Forex Robot, How do i pay?

We accept payments by Neteller, Skrill, Bitcoin, Perfect Money, Paypal, MasterCard & Visa. If you don’t have any Paypal you can select custom method during checkout & pay manually.

How do I get Special Discount?

You have to fulfill only three easy steps to get special discount. Please check the details here.

I have just paid, How do I get the download link?

After completing the successful payment, you will get instant download option from the Dashboard. Please click here to get your download link.

I have other questions? What should i do?

Please contact us.

How to Place Order

In order to do download any of our premium trading tools,
Proceed to the Product page;
Scroll down to see the ADD TO CART button, click on it and proceed to the checkout page.

In checkout page;
First apply your discount code if you have any; then fill out the form.
Then select your payment method.
We are now accepting PayPal, Visa, Master Card, Bitcoin, Neteller, Skrill, Perfect Money, Google Pay & Bank Transfer.

Tick Terms & Conditions Box & Click Place Order.

Complete the payment.

How To Download

After Completing the Payment you will be able to download Expert Advisor and Indicator from dashboard. Please check Download Folder. If you paid manually please contact immediately. Admin will update the order and then you will get download option in the dashboard.

How To Install EA

After completing the download in your computer or laptop you have to extract the file using WinZip software. Please check How do I Install an Expert Advisor on MT4 article or check the following video.