Hidden Gap Volume Indicator For MT4 | Download Free Indicators (2024)

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The Hidden Gap Volume Indicator (HGV) is a technical indicator used in the forex market that helps identify undervalued and overvalued assets.

The HGV has two primary uses: first, it can be used to identify overvalued assets, which should be sold; and second, it can be used to identify undervalued assets, which should be bought.

Hidden Gap Volume Indicator For MT4 | Download Free Indicators (1)

Download the free Hidden Gap Volume Indicator

To use the HGV, you must first identify a security or asset that you believe is overvalued or undervalued. You then calculate the HGV for this asset using the following formula:

HGV = (Volume / Average Volume) × 100

How to use the Hidden Gap Volume Indicator for MT4

The Hidden Gap Volume Indicator is a technical indicator that can help you identify opportunities in the forex market. It helps you identify periods of high and low volume, indicating when prices are about to change.

To use the Hidden Gap Volume Indicator for MT4, open your Forex trading platform and create a new trade. Next, select the type of trade you want to make (buy or sell) and the currency pair you’re trading. Set the number of contracts you want to buy or sell and click on the “Open Trade” button.

You can access the indicators section and find the Hidden Gap Volume Indicator. This will be located right under the “Other” category.

Once you’ve found it, drag it onto your chart and wait for it to produce results. When it does, this will indicate an opportunity to buy or sell in that particular currency pair.

Hidden Gap Volume Indicator MT4 trading settings

There is a hidden gap that traders overlook when it comes to forex trading. This gap is between buy and sell orders, which can be exploited to make money.

The Hidden Gap Volume Indicator (HGVI) was developed to identify and exploit this gap. The HGVI detects the number of buy orders as more significant than the number of sell orders. When this happens, the indicator signals a potential trade opportunity, which you can take advantage of by buying stocks or commodities based on this information.

To use the HGVI, you must first set up your indicators on your MT4 platform. Once you have done this, you will need to input the following data:

– The date range for which you want to track data

– The symbol for which you want to track data

– The volume Symbol for each security

– Your preferred operating mode (buy or sell)

Hidden Gap Volume Indicator Advantages

The forex Hidden Gap Volume Indicator is a reliable tool to help you make informed trading decisions.

It works by detecting changes in the volume of currency pairs over a particular period. This allows you to identify periods of high or low volatility and makes it possible to make more informed trading choices.

The Hidden Gap Volume Indicator has several advantages over other indicators:

– It’s more accurate than most other indicators.

– It’s faster and easier to use.

– It provides better insight into trends.

Hidden Gap Volume Indicator Disadvantages

There are some disadvantages to using the forex Hidden Gap Volume Indicator. First, it is based on a technical indicator that can be unreliable. Second, it can lead to over-reaction when the hand signals a change in market sentiment. Finally, it isn’t easy to use and may not be suitable for all traders.

Overall, the forex Hidden Gap Volume Indicator is a valuable tool to help you detect market sentiment changes. However, it should only be used with caution, as mistakes during trading can be costly.

HGV Indicator installation on MT4

Hidden Gap Volume Indicator (HGV) is a technical analysis indicator that brokers and traders developed to identify market trends in the foreign exchange (forex) markets.

The Hidden Gap Volume Indicator measures the difference between two consecutive volume levels on a candlestick chart. The indicator will become “active” when this difference reaches a certain level, indicating whether or not there is a trend present.

To install the Hidden Gap Volume Indicator on your MT4 trading platform, open your MT4 account and click “Indicators.” Then, select “Charting Tools” and “Hidden Gap Volume Indicator.” You will then be given the option to activate or deactivate the indicator.

Hidden Gap Volume Indicator For MT4 | Download Free Indicators (2)

Hidden Gap Volume Indicator mt4 free download

Conclusion

As you can see, the Hidden Gap Volume Indicator is a valuable tool for detecting potential forex market opportunities. It can help you identify periods of high volatility and unrest before they become full-blown crashes. It’s also a good indicator of where the forex market is going – or has gone – in the past.

So if you’re looking to make extra money by trading forex, then keep an eye on the Hidden Gap Volume Indicator!

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Hidden Gap Volume Indicator For MT4 | Download Free Indicators (2024)

FAQs

What is the most accurate volume indicator in MT4? ›

What is the indicator the most effective to trade on the Forex market? In our opinion, the Volume Zone Oscillator (VZO) is the best volume indicator that you can use in your trading analysis. See also how to install indicators in MT4.

What is the most powerful MT4 indicator? ›

Commodity Channel Index (CCI)

This is one of the best forex indicators for MT4, loved by most traders because it shows direct sell or buy signals, and for this reason it earns its place among the best MT4 indicators.

Does MT4 have volume profile indicator? ›

MT4 Volume Profile Indicator input parameters

The Volume Profile Indicator has three input parameters: Trading session – start and end of a trading session; Max bars – the maximum number of bars for calculation; Profile calculation type – a type of profile calculation.

How do I add a volume indicator in MT4? ›

Traders can easily install the Volume Indicator on MT4 by navigating to the 'Navigator' window and selecting 'Indicators. ' From there, they can choose 'Volumes' to add the indicator to their chart.

What is the best indicator based on volume? ›

OBV, MFI, A/D, VWAP and Chaikin Oscillator are some of the most popular volume indicators that are well-known to professional traders.

What is the perfect indicator MT4? ›

Bollinger Bands | Indicator MT4

Bollinger Bands are one of the best MT4 indicators for Forex traders. It consists of two bands, or lines, which sit two standard deviations below and above a moving average, which appears between the two bands as a line.

What is the delta volume indicator in MT4? ›

DeltaVolume Indicator conveniently outputs the received information on the Meta Trader chart. By default, a vertical volume is displayed with a day period on the current active contract with the maximum total open interest. Installation is possible only on majors, metals, energy, indices... BTC!

Does MT4 have STC indicator? ›

STC for MT4 and MT5 explained with a guide

Traders can also use the STC indicator on the MetaTrader 4 and MetaTrader 5 platforms. The indicator is not built-in, so traders will have to find the indicator online and install it on their preferred platform.

What is the real volume indicator in Forex? ›

The Real Volume Indicator shows the total volume of live trades during a specified period. Total volume is calculated from the sum of individual transactions.

How to set up a volume indicator? ›

Select Volume Twiggs Standard Deviation in the Indicator menu to highlight volume bars that are one or two standard deviations above or below average volume. High volume normally denotes opposition to the current trend and low volume often denotes lack of support for the trend.

What is the tick volume indicator? ›

The tick volume indicator is commonly used in technical analysis to assess the level of market activity and the intensity of trading pressure. It is especially useful in markets where traditional volume data may be limited or unreliable.

What is the most accurate trend indicator in MT4? ›

What are the most accurate MT4 indicators? The Moving Average (MA), Relative Strength Index (RSI), Bollinger Bands and Moving Average Convergence Divergence (MACD) are among the most accurate MT4 trading indicators.

What is the real volume indicator in forex? ›

The Real Volume Indicator shows the total volume of live trades during a specified period. Total volume is calculated from the sum of individual transactions.

What is the high volume turns indicator in MT4? ›

High volume Turns is an indicator that scans the market for price and volume spikes around over-bought/over-sold market conditions. These spikes when spotted serves as the first indication of reversal/pullback. Join our Telegram Channel To get free daily signals and faster support on our products .

Is volume profile the best indicator? ›

Overall, the volume profile can be a valuable tool for traders, but it is important to use it in conjunction with other indicators and to be aware of its potential limitations.

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