Volume is the second-best indicator after the price level for all traders. Volume value can influence future trends, price action. Usually, volume indicators show two values on histograms – bullish and bearish phases. Hawkeye Volume MT4 is a different indicator.
Hawkeye Volume MT4 is a volume-based indicator that shows a histogram and confirms a trend’s strength in three colors. Green color represents the bullish strength of a trend, red color bearish strength of a trend, and white color sideway strength (range or average volume).
Please free download the hawkeye volume mt4 indicator:
hawkeye volume mt4
This is an upgraded version of the standard Volume indicator, and 3 colors help traders better see the trend. Remember that this indicator represents past time, and it is not a prediction tool. However, this indicator can give you the edge and point to the moments after huge volume differences. Using Hawkeye Volume MT4 Indicator, we can separate the average from the high and low volume in a better way.