Balanced Volume Oscillator for MetaTrader 4 Download - Free - [TFlab]

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  • Oscillator for MetaTrader 4

  • Balanced Volume Oscillator

  • Age 3+

  • level: intermidiate

  • English

Author's Instructions

The Balanced Volume Oscillator is one of the MetaTrader 4 indicators, designed to measure the volume flow in the market, helping traders predict the trend strength or the likelihood of price direction changes.

This indicator combines trading volume with price changes and answers whether money flows into or out of the market. Therefore, the Balanced Volume Oscillator is a practical tool for identifying trends and Potential Reversal Zones (PRZ).