Skip to content
Forexobroker
  • Tradingview Tools
  • MT4/MT5 Indicators
  • MT4/MT5 Trading Strategies
  • MT4/MT5 Expert Advisors
  • Blog
    • MT4 Trend Indicators
    • MT4 Oscillator Indicators
    • MT4 Platform Tutorials
    • MT4 Support & Resistance Indicators

Volume Indicators

Volume is the conviction behind a price move — and in forex, where centralized volume data doesn’t exist, tick volume gives you a workable proxy. The volume indicators collected on this page turn that data into trading signals: VWAP for institutional reference levels, On-Balance Volume (OBV) for accumulation/distribution, the Money Flow Index for combined price-volume momentum, Force Index for impact analysis, and more. Each article explains what the indicator measures, why tick volume is a reliable proxy in liquid forex pairs, the settings we run, and the entry and exit rules we layer on top. You’ll also find combination strategies — VWAP + a momentum confirmation, OBV divergence with price — that improve signal quality. Where applicable, every indicator includes a free MT4 download. Browse below to find the volume tool that fits your trading style.
Volume Weighted MACD on MT4 EURUSD H1 chart with histogram and signal line showing volume-weighted momentum vs standard MACD

Volume Weighted MACD MT4 Indicator – Free Download

Free Volume Weighted MACD for MT4. Standard MACD logic but with volume-weighted EMAs — sharper crosses and cleaner histogram during high-volume sessions.

Best volume indicators for MT4 - comparison featured image for the 10-pick listicle

10 Best Volume Indicators for MT4 (2026 Guide)

The 10 best volume indicators for MT4 ranked by signal quality, ease of use, and applicability to forex tick volume. Free downloads + the rationale behind each pick.

Best volume indicators for day trading on MT4 - featured image highlighting VWAP MFI Volume Profile pack

Best Volume Indicators for Day Trading MT4 (2026 Guide)

The 5 volume indicators that actually work for day trading MT4 — VWAP, Volume Profile, MFI, OBV, and Better Volume — ranked for intraday signal quality.

Best volume indicators for scalping on MT4 - featured image highlighting Tick Volume Better Volume VSA pack

Best Volume Indicators for Scalping MT4 (2026 Guide)

The 5 volume indicators that survive M1/M5 scalping on MT4 — Tick Volume, Better Volume, BW MFI, OBV, and short-period MFI. Scalping pack with the rules I use.

OBV vs MFI side-by-side comparison featured image on MT4 EURUSD H1 chart with both indicators stacked

OBV vs MFI – Which Volume Indicator is Better on MT4?

OBV vs MFI head-to-head on MT4. Which volume indicator wins for trending markets, ranging markets, divergence detection, and overall day trading. The honest comparison.

OBV indicator on MT4 EURUSD H1 chart with cumulative volume line and price divergence highlighted

On-Balance Volume (OBV) Indicator MT4 – Free Download & Strategy

Download the OBV indicator for MT4 free. Complete guide covering how on-balance volume confirms or warns of trend reversals, plus the divergence strategy I use to spot smart-money accumulation on EURUSD.

Beginner guide to using volume indicators on MT4 - featured image with Volumes menu and three volume oscillators stacked

How to Use Volume Indicators for Forex on MT4 (Beginner Guide)

Step-by-step guide to using volume indicators on MT4 — what tick volume actually measures, the three patterns that matter, and how to read OBV / MFI / Volumes together.

Money Flow Index indicator on MT4 EURUSD H1 chart showing overbought 80 and oversold 20 zones with divergence arrows

Money Flow Index (MFI) MT4 Indicator – Free Download & Strategy

Download the MFI indicator for MT4 free. Complete guide covering Money Flow Index settings, the 80/20 reversal strategy, and the divergence rule that filters false signals on EURUSD.

How to read VSA bars on MT4 - featured image showing no-demand stopping-volume and climactic bars on EURUSD H1 chart

How to Read Volume Spread Analysis (VSA) on MT4

Step-by-step guide to reading VSA on MT4. The Tom Williams smart-money method explained — no-demand, no-supply, stopping volume, and climactic bars with chart examples.

Volume Profile horizontal histogram on MT4 EURUSD H1 chart showing point of control and value area high/low levels

Volume Profile Indicator MT4 – Free Download & POC Strategy

Download the Volume Profile indicator for MT4 free. Read POC and value-area-high/low like a futures trader, plus the bounce-and-reject strategy I use intraday on EURUSD.

Volume Profile trading strategy on MT4 EURUSD H1 chart with POC bounce and value-area-high rejection setups

Volume Profile Trading Strategy for MT4 (POC + Value Area)

The exact Volume Profile trading strategy I use intraday on MT4. POC bounce, value-area-high rejection, and value-area-low rejection setups with entry, stop, and target rules.

Market Facilitation Index BW MFI on MT4 EURUSD H1 chart with green brown blue and pink bars showing all four colour states

Market Facilitation Index (BW MFI) MT4 – Free Download & Guide

BW MFI explained with the four-colour bar reading method (green, brown, blue, pink) Bill Williams designed it for. Free download and the trend-confirmation strategy I use on EURUSD.

Older posts
Page1 Page2 Next →
Dominic Walsh - Trading Strategies Developer

I'm Dominic Walsh, a UK-based forex trader. I've been trading full-time since 2014 and publish one of the larger independent MT4 and MT5 resource libraries on the open web. Free indicators, EAs and strategies — broker-neutral, no signal service. Read the methodology →

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms of Service
2026 © Forexobroker.com