RVOL Relative Volume Indicator for MT4 (and how to make an RVOL pin)

What is the RVOL Indicator? It is well established that volume (including tick volume) is a valuable indicator of trader commitment to a price movement. The challenge with using volume for intraday trading is that there is a general cycle of increasing and decreasing volume associated with the different regional trading sessions. The Relative Volume, (more…)

Advanced Ichimoku Kinko Hyo Indicator PIN

This update to the sime v1.00 Ichimoku PIN provides many new strategy modes including Kumo Price Breakout, Tenken-Kijun cross, Senkou-Span A/B cross, Chikou-Span Price Cross, and Chikou-Span Senkou-Span A/B crosses. Before getting into the detail, I’d like to thank belie and nikossl for providing a) the motivation and b) the logic behind the complex rules (more…)