Indicator Factory

Better Volume New Alerts Indicator

What is it?
- An advanced MT4 indicator based on BetterVolume 1.5
- Designed for accurate volume-based market analysis
Key Functions:
- Analyzes price and volume relationship
- Helps detect market trend and volatility levels
- Indicates supply-demand balance in securities
Why Use It?
- Provides deeper insights into market sentiment
- Identifies accumulation, distribution, breakouts, and reversals
- Useful for both beginners and professional traders
Trading Advantage:
- Detect potential trade setups using volume patterns
- Avoid false signals by confirming price action with volume data
- Works for forex, stocks, and commodities
Note:
- Does not provide direct buy/sell signals
- Works as a confirmation tool for stronger trade decisions