The UPD1 Volume Pixel streamlines the process of Forex trading by offering advanced indicators, thus replacing the standard volume drawing function traditionally used in the Metatrader terminal. This product enhances Forex Trading by identifying the low, high, and extreme volume based on specified coefficients, subsequently coloring them accordingly. The UPD1 Volume Pixel is a modern Forex technology that revolutionizes trading tools and Forex market analysis.

Unique Features of UPD1 Volume Pixel

The UPD1 Volume Pixel is equipped with an alert function that can be enabled in the settings. This feature is highly useful when the indicator identifies bars with extreme volume. Such bars denote the location of the maximum horizontal volume, also known as the cluster/POC (Point of Control). The cluster’s color will vary depending on its position, which could be pushing, neutral, or stopping.

Another unique attribute of this product is its ability to display clusters in shadows. If a cluster is found in the shadow and the bar has an extreme volume, an arrow indicating a turn is generated. This feature enhances currency trading strategies by providing traders with crucial information on when to make their moves.

Customizable Input Parameters

UPD1 Volume Pixel has a variety of input parameters, some of which relate to color and visual settings. The ‘Bars Count’ parameter allows users to specify the number of history bars the indicator will work on. The ‘Data Source’ option enables the selection of the timeframe of quotations. If traders perceive a lack of comprehensive history, they can download more M1 quotes for the instrument under study.

The ‘Vertical Step’ parameter influences density and vertical accuracy, while the ‘Calc Bars’ determine the average number of bars for volume calculation. The ‘Low Volume Factor’ and ‘High Volume Factor’ allow for the fixation of minimum and high volumes, respectively. The ‘Extreme Volume Factor ( POC)’ helps fixate the extreme volume. On such candles, the default POC is usually located.

Color Bars and Vertical Volume Settings

UPD1 Volume Pixel also allows for color customization of high volume and low volume candles. The ‘Show High Volume Candle’ setting enables the display and coloring of candles with high volume, including Extreme. The ‘Show Low Volume Candle’ does the same for candles with a minimum volume.

Vertical Volume Settings, such as ‘Vertical Histo Volume,’ display vertical volume and can be turned on or off. The ‘Width Histo (-1 auto)’ and ‘Width Color Histo (-1 auto)’ control the thickness of a regular histogram and color histogram, respectively. The ‘Histo Height %’ determines how much space on the chart is taken up vertically from the bottom.

FAQs

Where can I see the independent testing of UPD1 Volume Pixel?

Independent testing of this product can be viewed on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product on the same website.

Can I share my experience using UPD1 Volume Pixel?

Yes, we invite users to share their experiences using UPD1 Volume Pixel. Your feedback can help other traders make an informed decision.

Is this a sponsored review?

No, this is an independent product review written in the third person. It does not contain any biased phrases like “our” or “my” product.

Conclusion

The UPD1 Volume Pixel stands as a revolutionary tool in the realm of Forex trading, boasting a range of advanced indicators and customizable parameters. This product enhances Forex market analysis and aids in devising effective currency trading strategies. It’s a testament to the power of modern Forex technology, serving as a testament to the potential of innovative trading tools.