What is the Hidden Gap Volume Indicator for MT4?
The Hidden Gap Volume Indicator (HGV) is a technical indicator used in the forex market that helps identify undervalued and overvalued assets.
The HGV has two primary uses: first, it can be used to identify overvalued assets, which should be sold; and second, it can be used to identify undervalued assets, which should be bought.
To use the HGV, you must first identify a security or asset that you believe is overvalued or undervalued. You then calculate the HGV for this asset using the following formula:
HGV = (Volume / Average Volume) × 100
How to use the Hidden Gap Volume Indicator for MT4
The Hidden Gap Volume Indicator is a technical indicator that can help you identify opportunities in the forex market. It helps you identify periods of high and low volume, indicating when prices are about to change.
To use the Hidden Gap Volume Indicator for MT4, open your Forex trading platform and create a new trade. Next, select the type of trade you want to make (buy or sell) and the currency pair you’re trading. Set the number of contracts you want to buy or sell and click on the “Open Trade” button.
You can access the indicators section and find the Hidden Gap Volume Indicator. This will be located right under the “Other” category.
Once you’ve found it, drag it onto your chart and wait for it to produce results. When it does, this will indicate an opportunity to buy or sell in that particular currency pair.
Hidden Gap Volume Indicator MT4 trading settings
There is a hidden gap that traders overlook when it comes to forex trading. This gap is between buy and sell orders, which can be exploited to make money.
The Hidden Gap Volume Indicator (HGVI) was developed to identify and exploit this gap. The HGVI detects the number of buy orders as more significant than the number of sell orders. When this happens, the indicator signals a potential trade opportunity, which you can take advantage of by buying stocks or commodities based on this information.
To use the HGVI, you must first set up your indicators on your MT4 platform. Once you have done this, you will need to input the following data:
– The date range for which you want to track data
– The symbol for which you want to track data
– The volume Symbol for each security
– Your preferred operating mode (buy or sell)
Hidden Gap Volume Indicator Advantages
The forex Hidden Gap Volume Indicator is a reliable tool to help you make informed trading decisions.
It works by detecting changes in the volume of currency pairs over a particular period. This allows you to identify periods of high or low volatility and makes it possible to make more informed trading choices.
The Hidden Gap Volume Indicator has several advantages over other indicators:
– It’s more accurate than most other indicators.
– It’s faster and easier to use.
– It provides better insight into trends.
Hidden Gap Volume Indicator Disadvantages
There are some disadvantages to using the forex Hidden Gap Volume Indicator. First, it is based on a technical indicator that can be unreliable. Second, it can lead to over-reaction when the hand signals a change in market sentiment. Finally, it isn’t easy to use and may not be suitable for all traders.
Overall, the forex Hidden Gap Volume Indicator is a valuable tool to help you detect market sentiment changes. However, it should only be used with caution, as mistakes during trading can be costly.
HGV Indicator installation on MT4
Hidden Gap Volume Indicator (HGV) is a technical analysis indicator that brokers and traders developed to identify market trends in the foreign exchange (forex) markets.
The Hidden Gap Volume Indicator measures the difference between two consecutive volume levels on a candlestick chart. The indicator will become “active” when this difference reaches a certain level, indicating whether or not there is a trend present.
To install the Hidden Gap Volume Indicator on your MT4 trading platform, open your MT4 account and click “Indicators.” Then, select “Charting Tools” and “Hidden Gap Volume Indicator.” You will then be given the option to activate or deactivate the indicator.
As you can see, the Hidden Gap Volume Indicator is a valuable tool for detecting potential forex market opportunities. It can help you identify periods of high volatility and unrest before they become full-blown crashes. It’s also a good indicator of where the forex market is going – or has gone – in the past.
So if you’re looking to make extra money by trading forex, then keep an eye on the Hidden Gap Volume Indicator!