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Trading product for VolumeRenkoRange Indicator VWAP, image 2
Trading product for VolumeRenkoRange Indicator VWAP, image 3
Trading product for VolumeRenkoRange Indicator VWAP, image 4
Since 12/12/2024

Description

VolumeRenkoRange applies tick volume logic on Price-Based charts.

Uses Tick Data to make the calculation of volume, just like Candles.
It's possible because we have the Open/Close Time of Bar, so:
Volume logic = Number of price updates (ticks) during the formation of bar (between of OpenTime and CloseTime).

What's new in rev.1?

Includes all "Order Flow Aggregated" related improvements

  • High-performance VolumeTick()
  • Asynchronous Tick Data Collection
  • Heatmap/Fading Coloring

Summary

AI summary
VolumeRenkoRange is an indicator designed for price-based charts such as Renko and Range charts. It applies tick volume logic by calculating the number of price updates (ticks) that occur during the formation of each bar, using the bar's open and close times. This approach enables volume measurement on non-time-based charts similarly to traditional candlestick charts. The indicator incorporates high-performance tick volume calculation, asynchronous tick data collection, and visual enhancements like heatmap and fading coloring to represent volume intensity. It is part of a suite of cTrader Store indicators focused on order flow and volume analysis.

Discussion

Customer reviews

5.0
Reviews: 1
5
100 %
4
0 %
3
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2
0 %
1
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Customer reviews
July 9, 2025
Pros: Displays volume-based Renko blocks, filtering noise and highlighting impulsive moves. Flexible settings, stable performance. Cons: No tooltips or alerts. No template saving. Requires additional confirmation tools for reliable trading decisions.

FAQ

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