What is Volume Average Percent?
Volume Average Percent is a volume indicator that compares current volume with the average volume over a selected period and shows the ratio as a percentage.
How to use Volume Average Percent
The lower chart window shows green, red, orange, and light-green volume bars. Green bars indicate high volume during an uptrend, while red bars indicate high volume during a downtrend. Orange and light-green bars indicate intermediate trading activity.
Where it helps
MT5 Indicator Parameters
The table below lists the available MT5 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| Volume type to use | Displays the setting currently configured as Use ticks. Default: Use ticks. |
| Average period | Displays the setting currently configured as 50. Default: 50. |
| Average method | Displays the setting currently configured as Exponential moving average. Default: Exponential moving average. |
| Breakout percentage | Displays the setting currently configured as 50.0. Default: 50.0. |
The screenshot above shows the default input parameters in the MT5 settings window.
How to Install .ex5 Indicator in MetaTrader 5
- Download the ZIP file and extract it.
- In MT5, select File → Open Data Folder.
- Open MQL5 → Indicators and copy the EX5 or MQ5 file into it.
- If the package includes library files, copy them to MQL5 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT5, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
