Volume Color Bar
by Ivan Bermejo · MT5
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Summary
Volume Candle Indicator (MT5) is a low-cost volume-focused indicator by Pablo Filipe Soares De Almeida priced at $35. It targets traders who want volume-aware candle visuals but carries no public rating and no verified performance stats. Several alternatives exist: timers, stop-and-reverse EAs, pattern-extraction tools and shadow-style EAs, many with 5-star ratings but likewise without verified stats and varied pricing. Consider broker spreads, execution, and drawdown risk before using any tool. FxRobotEasy independently reviews all products and flags missing verification where applicable.
Retail forex traders compare Volume Candle Indicator with alternatives to decide how to incorporate volume visualization into trading workflows and whether to prefer an indicator or an automated EA. The indicator is MT5-only and low-cost, but lacks public ratings and verified stats, prompting traders to evaluate reliability, execution, and compatibility with their broker. Alternatives span timers, stop-and-reverse EAs and pattern extractors with higher listed prices and 5-star ratings, though they also lack verified performance data. Platform realities such as spread cost, broker execution, margin rules and drawdown risk should influence any purchase decision.
| Metric | Volume Candle IndicatorMain Product | Trendopedia Ai Our bot | Volume Color Bar | Volume Bubbles MT5 | Volume Color Candles | Volume Bubble Pro |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | N/A |
| Price | $35 | $149 | $30 | $34.99 | N/A | $30 |
| ROI | N/A | +213.3% | N/A | N/A | -5.5% | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | 25.4% | N/A |
| Win Rate | N/A | 55.3% | N/A | N/A | 44.3% | N/A |
| Profit Factor | N/A | 1.41 | N/A | N/A | 1.04 | N/A |
| Total Trades | N/A | 338 | N/A | N/A | 3,435 | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Volume Candle Indicator is an MT5 indicator authored by Pablo Filipe Soares De Almeida and priced at $35. Its strength lies in visually integrating volume information into candle displays, which can help discretionary traders spot higher-volume candles and potential participation shifts. Weaknesses include the lack of a public rating (N/A/5) and no verified performance or usage statistics, so expect limited transparency. It suits traders who prefer manual, volume-informed analysis and who want an affordable, lightweight tool to complement their charting setup. Note platform realities: broker spreads, execution, and margin requirements affect outcomes, and indicators do not remove drawdown risk. FxRobotEasy independently reviews all products and flags missing verification where applicable.
by Ivan Bermejo · MT5
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Volume Candle Indicator is an affordable MT5 option at $35 for traders wanting volume-aware candle visuals, authored by Pablo Filipe Soares De Almeida. Its lack of a public rating (N/A/5) and absence of verified stats mean buyers should proceed cautiously and validate on demo accounts. Alternatives range from timing tools to full EAs with higher prices and 5-star ratings but similarly no verified statistics. Consider your trading style, broker spreads, execution and drawdown tolerance. FxRobotEasy independently reviews these products and also offers vetted FX robots as a verified alternative worth considering.
Whether it’s worth buying depends on your needs. At $35 it’s low-cost for volume-aware candle visuals and suits discretionary traders who use volume context in manual setups. However, the product has no public rating (N/A/5) and no verified performance stats, so test on a demo account and confirm compatibility with your broker. Account for spreads, execution and drawdown risk before using it in live trading.
There is no single best alternative; it depends on goals. For timing, Haven Candle Timer Countdown is helpful. For automation, PZ Stop And Reverse EA ($149) or Market Anomalies EA ($99) offer EA-based approaches. Ultimate Extractor ($100) provides broader signal extraction. Neon Shadow EA’s price is not listed. All alternatives show 5-star ratings but lack verified live stats, so demo-test and consider broker constraints and drawdown exposure.
Choose indicators if you prefer discretionary control and interpretive signals; they don’t trade for you and have lower operational risk but still depend on execution and discipline. Choose EAs if you want automated execution and consistent rule application, but be ready for tuning, higher sensitivity to spreads/slippage and potential drawdowns. Always demo-test, check broker compatibility, and manage risk; FxRobotEasy reviews products to help with informed choices.
While evaluating Volume Candle Indicator and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+213.3%
Total Return
22.0%
Max Drawdown
55%
Win Rate
338
Total Trades