Dangerous Beauty Volume Wave Core Indicator

"Unleash the Power of Volume - Trade with Precision, Win with Confidence!"

🔹 Overview

The Dangerous Beauty Volume Wave Core is a powerful MetaTrader 4 (MT4) indicator designed to detect high-volume trading zones, helping traders identify potential reversals, breakouts, and trend confirmations. It highlights:

Normal Volume (Gold)

Climax Buying (Green)

Climax Selling (Red)

Extreme Volume Spikes (Magenta)

This indicator is especially useful for price action traders, volume analysts, and breakout traders who want to confirm market movements with volume strength.

🔹 How It Works

The indicator scans for:

✔ High-Volume Zones – Detects unusual trading activity.

✔ Price Extremes – Identifies highs/lows within a specified range (Search_Distance).

✔ Alerts – Notifies traders via sound, email, or pop-up when significant volume spikes occur.

Key Features:

Multi-Timeframe Support – Works on any chart timeframe.

Customizable Alerts – Get notified of volume spikes in real-time.

Visual Signals – Color-coded histograms for easy interpretation.

🔹 Indicator Settings

Input Parameters:

ParameterDescription

TimeFrameChoose timeframe (default: current chart).

AlertEmailEnable email alerts (true/false).

AlertSoundEnable sound alerts (true/false).

AlertPopupEnable pop-up alerts (true/false).

ShowNormalVolumeDisplay normal volume bars (true/false).

Search_DistanceLookback period for detecting highs/lows (default: 10).

Indicator Colors:

Gold = Normal Volume

Green = Climax Buying (High Volume + New High)

Red = Climax Selling (High Volume + New Low)

Magenta = Extreme Volume (Both High & Low Detected)

🔹 How to Use in Trading

Breakout Confirmation – A Green volume spike at a new high suggests strong buying interest.

Reversal Signals – A Red volume spike at a new low may indicate selling exhaustion.

Extreme Volume Zones – Magenta signals suggest high volatility; watch for reversals or continuations.

Divergence Detection – If price makes a new high but volume decreases, caution is advised.

🔹 Alert System

Sound Alert: Plays alert.wav when a climax volume is detected.

Email Alert: Sends a notification with details.

Popup Alert: Displays a message on the screen.

Example Alert:

"EURUSD M15 RED at [Time] – New Climax Low Detected!"

🔹 Developer & Source

Developer: R.KH 1001

Website: https://www.robomql.com

Final Words

The Dangerous Beauty Volume Wave Core is a must-have tool for traders who rely on volume analysis to confirm trends and reversals. By combining price extremes with volume spikes, it provides a clear edge in spotting high-probability trade setups.

🚀 Trade Smarter, Not Harder – Let Volume Lead the Way! 🚀