Volume Emphasized v1 is a custom indicator designed for MetaTrader 4 (MT4) that highlights periods of volume spikes and RSI arrow signals, layered with a multi-confirmation probability system.

It’s especially useful for:

  • Fast-moving markets (like GBP/USD, EUR/USD, USD/JPY)
  • Lower timeframes (M1 to M15)
  • High-frequency traders looking for confluence-based entries

🧠 Key Components of the Indicator

FeatureDescription
🔻/🔺 Red & Blue ArrowsEntry signals based on volume and RSI divergence
📊 Volume HistogramReal-time volume bars with emphasis on sudden spikes
⚡ RSI ArrowsHighlight potential overbought/oversold moments
📈 Probability MeterVisual confirmation panel showing trend strength using multiple indicators
🛠️ Indicator InputsAdjustable sensitivity, RSI levels, and volume smoothing for customization

✅ How to Use It – Entry & Exit Strategy

🔸 Entry Rules (BUY)

  1. Blue Arrow Appears below the candle
  2. RSI Arrow confirmation appears in lower window
  3. Volume Spike shows in histogram (blue bars above average)
  4. Probability Panel supports long (GREEN zones active)

💡 Best to enter on candle close after blue arrow confirmation

🔸 Entry Rules (SELL)

  1. Red Arrow Appears above the candle
  2. RSI Arrow confirms divergence
  3. Volume Spike appears
  4. Probability Panel shows RED for strong downtrend

🔹 Exit Options

  • Take profit at next resistance/support
  • Use trailing stop or indicator-based exit when opposing arrow appears

📊 Why This Indicator Works

Scalpers and short-term traders often face false signals and low confirmation trades. This indicator improves trade quality by:

  • Filtering out weak signals with volume validation
  • Using RSI divergence to spot potential reversals
  • Offering probability-based confirmations (via MACD, Strength, etc.)
  • Supporting high-speed trades on volatile pairs

📥 Download the Indicator

You can download the indicator below and install it in your MT4 terminal.

🟢 Download Volume Emphasized v1 for MT4
Click here to download (upload the .ex4 or .mq4 to your server and link it)

💻 Installation Guide (MT4)

  1. Open MetaTrader 4
  2. Click File > Open Data Folder
  3. Go to MQL4 > Indicators
  4. Paste the .ex4 or .mq4 file
  5. Restart MT4 or refresh indicators list (Right-click > Refresh)
  6. Attach it to any chart from the Navigator > Indicators

🔚 Final Thoughts

The Volume Emphasized v1 indicator is a solid tool for short-term traders who rely on momentum, volume, and confluence signals. While no indicator is perfect, this tool provides a clean, fast, and informative way to improve entries and reduce noise.

VOLUME SHARK OB@JazibTradingVipDownload