Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=27510
Forum: 17 · Topic 27510 · 9 post(s)
Apprentice · Sun Dec 09, 2012 5:53 am

Finite Volume Element Indicator (FVE) is a money flow indicator. It was developed by Markos Katsanos and introduced in the April 2003 issue of Technical Analysis of Stocks & Commodities magazine. It was modified in the September 2003 issue of TASC.
Values above zero are bullish and indicate accumulation, while values below zero indicate distribution. Divergences between price and the indicator can be leading signals to possible change in trend.
MT4/MQ4 version viewtopic.php?f=38&t=61060
cash4u · Sun Dec 09, 2012 7:56 am
hi apprentice,
nice indicator.
can u create strategy based on this indicator/
buy level:0 sell level:0
buy: fve> buy level and fve cross over signal sell: fve < sell level and fve cross under signal
exit buy: signal cross under buy level exit sell: signal cross over sell level.
thank you.
Apprentice · Sun Dec 09, 2012 6:11 pm
Requested can be found here. viewtopic.php?f=31&t=27543
Coondawg71 · Sat Dec 07, 2013 11:25 am
Can we please request a Finite Volume Elements Divergence version of this indicator.
Thanks,
sjc
Apprentice · Sun Dec 08, 2013 6:46 am
Your request is added to the development list.
Alexander.Gettinger · Wed Aug 20, 2014 10:08 am
MQL4 version of Finite Volume Elements oscillator: viewtopic.php?f=38&t=61060.
Coondawg71 · Sat Mar 14, 2015 5:44 am
Can we bump this up please. Thanks!!!
sjc
SANTOSH · Mon Jul 06, 2015 12:51 pm
HI,
CAN WE GET A DIVERGENCE INDICATOR FOR THE FINITE VOLUME ELEMENT INDICATOR ?
Apprentice · Fri Oct 12, 2018 5:13 am
The indicator was revised and updated.