Volumes and Sentiments 5: MT5 indicator delivering clear volume-driven trade signals

Volumes and Sentiments 5 review in 2026 focuses on practical performance and independent analysis across live and backtested accounts. This review examines how the indicator modifies traditional On-Balance Volume calculations and why those changes matter for signal clarity and persistence. The analysis includes sample equity curves and trade lists, highlighting periods where volume-driven entries outperformed price-only signals. Volumes and Sentiments 5 is unique in combining corrected accumulation logic with sentiment visualization, allowing traders to see when market participation confirms or diverges from price action. The algorithm calculates a corrected OBV series, applies smoothing and sentiment banding, then flags entries when both volume trend and sentiment alignment occur. In practice this reduces whipsaws on short timeframes and increases trade quality on M15 to H4 charts. The indicator handles trending and range-bound conditions with different parameter sets and recommends lower sensitivity in high-volatility news windows. Risk management is built into its suggested settings: users can enable automatic stop levels based on recent volatility and set a maximum number of concurrent signals. Expected performance characteristics are moderate trade frequency with higher win rates and controlled drawdowns, particularly on major forex pairs and liquid indices. Volumes and Sentiments 5 appears to generate 50-120 trades per month depending on settings, and its results are most consistent when combined with position sizing discipline and manual verification of macro events.