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 the strength of a trend in three colors. Green color represents the bullish strength of a trend, red color bearish strength of a trend, and white color sideway strength of the trend (range or average volume).
Please free download hawkeye volume mt4 indicator:
hawkeye volume mt4
This is an upgraded version of standard Volume indicator and 3 colors help traders to 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 differences in volume. Using Hawkeye Volume MT4 Indicator we can separate the average from high and low volume in a better way.