The TPO Volume Indicator MT4 is a volume indicator for MetaTrader 4 designed to display market volumes. Bars plotted directly on the main chart represent volume levels, with their size indicating the volume at specific price levels. This indicator highlights the highest volume points, which often serve as key reversal points and significant support or resistance areas. The file includes an additional TPO indicator that displays volume on the right-hand side of the chart for enhanced visibility. Furthermore, the indicator is highly customizable, making it an invaluable asset for traders aiming to identify market volumes.
This indicator suits traders of all skill levels and performs effectively across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, providing a comprehensive overview of market volumes.
Indicator Settings
How to Install TPO Volume Indicator MT4
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
