Forex trading has evolved over the years, with advanced trading tools becoming a vital part of the trading process. One tool that has been particularly useful in optimizing trading is the Vertical Volume Indicator. This guide will explore how this tool works, its features, and its benefits to forex traders.

Understanding the Vertical Volume Indicator

The Vertical Volume Indicator is a specialized tool designed to provide volume data for price in Forex trading. It is specifically optimized for the EURUSD currency pair, although it can work with other currency pairs as well. However, please note that the calculation may take a longer time with other currency pairs.

To ensure smooth use of the Vertical Volume Indicator, users are advised to enable the “Shift end of the chart border from right border” setting. This setting is crucial when a new bar data reset appears.

Key Features of the Vertical Volume Indicator

The Vertical Volume Indicator comes with several key features designed to assist traders in optimizing their trading strategies. These features include the following:

Color: This feature allows users to customize the color of the indicator to suit their preference. This feature enhances the visual representation of volume data for more straightforward interpretation.

Width: The width of the indicator can also be adjusted to fit the trader’s preferences. This feature can make the indicator more visible and easier to interpret.

Period: This feature allows traders to determine the time frame for calculating data. Traders can set this to suit their trading strategy and the specific characteristics of the currency pair they are trading.

Independent Testing and Updates

You can find independent testing of the Vertical Volume Indicator on forexroboteasy.com. Subscribing to updates on this website will also keep you informed about the latest results of testing this product.

Share Your Experience

Have you used the Vertical Volume Indicator in your Forex trading? We invite you to share your experience to help others learn more about this advanced trading tool.

FAQ

Is the Vertical Volume Indicator limited to the EURUSD currency pair?

While the Vertical Volume Indicator is optimized for the EURUSD pair, it can also work with other currency pairs. However, the calculation may take longer with other pairs.

How can I adjust the settings of the Vertical Volume Indicator?

The Vertical Volume Indicator comes with settings for color, width, and period. These settings can be adjusted to suit the trader’s preferences and trading strategy.

Remember, this is an independent review of the Vertical Volume Indicator. We do not have any affiliation with the product or its manufacturers. This guide is intended to help traders understand how to use this advanced trading tool to optimize their Forex trading.