Volume Color Candles
by Vladimirs Volkovs · MT5
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Summary
Volume Color Bar is a low-cost MT5 indicator by Ivan Bermejo priced at $30. It colors volume bars to help traders visualize buying and selling pressure, but the product shows rating N/A/5 and no verified performance stats are available. Alternatives range from automated EAs like ZenQ AI EA (rating 5, $399) to other indicators and tools such as Pyro Flux Liquidity Matrix, Gold Sparrow, TPSproDraW, and Degen Rocket. Ratings are mixed and many prices or stats are not available. Retail traders should weigh automation, budget, broker spreads, execution, and drawdown risk. FxRobotEasy independently reviews all products.
Traders compare Volume Color Bar with alternatives because volume visualization is a common edge-seeking method across styles: scalpers, day traders and swing traders alike use volume clues to gauge participation. Volume Color Bar is an MT5 indicator priced at $30 by Ivan Bermejo, but it has a listed rating of N/A/5 and no verified stats available, which pushes traders to investigate other paid tools and EAs. Alternatives include automated systems and liquidity or drawing tools with varying prices and ratings. When evaluating, retail traders must factor in broker rules, spreads, slippage, execution speed and drawdown risk. FxRobotEasy independently reviews each product to help readers compare objectively.
| Metric | Volume Color BarMain Product | Trendopedia Ai Our bot | Volume Color Candles | Volume Candle Indicator | Volume contour | Volume Bubbles MT5 |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | N/A |
| Price | $30 | $149 | N/A | $35 | $55 | $34.99 |
| ROI | N/A | +291.1% | -5.5% | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | 25.4% | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | 44.3% | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | 1.04 | N/A | N/A | N/A |
| Total Trades | N/A | 429 | 3,601 | N/A | N/A | 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 Color Bar by Ivan Bermejo is an MT5 indicator priced at $30 that applies color coding to volume bars to highlight buying versus selling pressure. Strengths include simplicity, visual clarity and a low entry price, making it suitable for traders who prefer chart-based, discretionary decisions. Weaknesses are the lack of a public rating (N/A/5) and that there are no verified performance statistics available, so expected outcomes and robustness under different market conditions are unknown. As an indicator, it does not automate trading—users must execute and manage trades themselves, which exposes them to broker rules, spreads, slippage and drawdown risk. Volume Color Bar best suits traders who want a lightweight visual tool on MT5 and who combine it with their own risk management. FxRobotEasy independently reviews the product and recommends testing on a demo account and checking broker execution before live deployment.
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Volume Color Bar is a low-cost MT5 indicator by Ivan Bermejo that can provide clear visual volume cues for discretionary traders, but its rating is listed as N/A/5 and there are no verified performance stats. Alternatives span automated EAs like ZenQ AI EA (rating 5, $399) and other high-rated but price-opaque tools. No product here guarantees results; all are subject to broker spreads, execution quality and drawdown risk. If you want automation consider an EA and budget for higher cost; if you want cheap visual aids, Volume Color Bar or Degen Rocket ($30) are options. FxRobotEasy independently reviews these products and recommends demo testing and strict risk management before trading live.
Whether Volume Color Bar is worth buying depends on your needs. It is an inexpensive MT5 indicator at $30 by Ivan Bermejo that colors volume bars for visual decision-making. The product shows a rating of N/A/5 and no verified statistics are available, so consider it as a visual aid rather than a performance-guarantee. Test on a demo account, confirm broker execution and integrate strong risk management before using it on live accounts.
The best alternative depends on your goals. For automation, ZenQ AI EA (rating 5, $399) targets hands-off traders but costs more and has no verified stats. For liquidity or plotting tools, Pyro Flux Liquidity Matrix or TPSproDraW may fit discretionary strategies. Degen Rocket matches Volume Color Bar’s $30 price and has a 4.5 rating. All options lack verified public stats, so demo testing and validation under your broker’s spreads and execution conditions is essential.
Volume Color Bar runs on MT5, so it is compatible with brokers that support that platform. However, how useful it is depends on broker-specific factors: spread levels, tick data quality, execution speed and any volume-data limitations the broker imposes. Because there are no verified stats for the product, test it on a demo with your broker to observe real spread behavior, slippage and potential drawdown before deploying on a live account.
While evaluating Volume Color Bar 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.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades