Buy/Sell SMA Smoothed Volume Indicator (MT4)

About the Indicator

The Buy/Sell SMA Smoothed Volume indicator for Metatrader 4 can be categorized as a short-term trend following indicator.

The indicator can be used in multiple ways; for example, feel free to combine it with your favorite trading strategy.

For scalping and day trading purposes, the indicator tends to deliver the best results during the London and American trading sessions.

Key Features

• Generates buy/sell signals based on smoothed volume activity
• Reduces false signals caused by low-volume conditions
• Includes an adaptive volume threshold with SMA smoothing
• Ideal for trend-following and volume confirmation setups
• Works on all timeframes and instruments

Free Download

Download the “buy-sell-sma-smoothed-volume.mq4” indicator for MT4

Benefits of Using the Indicator

• Improves signal accuracy using volume confirmation
• Enhances trend-following entries by avoiding low-volume traps
• Gives traders an edge in spotting volume-driven price moves
• Filters out market noise through SMA-based volume smoothing
• Easy to combine with moving averages, RSI, MACD, or trendlines

Indicator Example Chart (EUR/USD Daily)

The example chart below displays the Buy & Sell SMA Smoothed Volume MT4 indicator in action on the trading chart.

Trading Tips

Utilize your favorite trade entry, stop loss, and take profit method to trade with the Buy & Sell SMA Smoothed Volume indicator.

As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.

Download Now

Download the “buy-sell-sma-smoothed-volume.mq4” indicator for Metatrader 4

SMA Volume + Hull Moving Average Signal Strategy (MT4)

This trend-following system combines the Buy Sell SMA Smoothed Volume Indicator with the Hull Moving Average Signal Arrows Indicator to deliver precise entries during trending markets.

It works especially well for swing trading on the M30 to H1 charts, offering strong confirmation through volume momentum and smoothed trend direction.

How the Strategy Works

The SMA Smoothed Volume Indicator identifies directional momentum by tracking volume strength and overlays it with dynamic SMA-based buy/sell signals.

The Hull MA Arrows Indicator plots colored arrows based on Hull Moving Average shifts to signal short-term trend reversals.

When both align in the same direction, you get a high-confidence entry with built-in volume confirmation.

Buy Setup

• Wait for a green bar from the SMA Volume Indicator.
• Confirm with an upward blue arrow from the Hull MA Signal Indicator.
• Enter a long trade on the next candle open.
• Place stop loss 15–25 pips below the last swing low (depending on timeframe).
• Target recent resistance levels or use a 1:2 risk/reward setup.

Sell Setup

• Wait for an orange from the SMA Volume Indicator.
• Confirm with a downward pink arrow from the Hull MA Signal Indicator.
• Enter short at the next candle open.
• Stop loss goes above the recent high or 15–25 pips, depending on volatility.
• Target recent support or use a trailing stop based on market conditions.

Case Study 1

GBP/USD M30 Chart Analysis (40-Day Sample Period):

• Total Trades: 50
• Winning Trades: 33 (66%)
• Average Win: +36 pips
• Average Loss: -18 pips
• Net Result: +882 pips over the testing period

Case Study 2

USD/CHF H1 Chart Analysis (7-Week Sample Period):

• Total Trades: 26
• Winning Trades: 17 (65.4%)
• Average Win: +60 pips
• Average Loss: -26 pips
• Net Result: +786 pips over the testing period

Key Advantages

• Combines volume strength with smoothed trend filters for reliable entries.
• Visually intuitive—perfect for beginner to intermediate traders.
• Effective during trending London and New York sessions.

Possible Drawbacks

• May generate fewer signals due to dual-confirmation logic.
• Less effective in choppy, sideways markets.
• Requires waiting for both indicators to align, which could delay entries.

Strategy Conclusion

This system offers a smart balance of trend detection and volume-based validation.

It’s ideal for traders who want structure without overcomplicating their charts.

For best results, focus on major currency pairs like GBP/USD, USD/CHF, or EUR/JPY during high-volume sessions.

Consider combining this method with trailing stops or dynamic exits for enhanced risk control and profit locking.

Indicator Specifications

FAQ

Can I use this for scalping?

Yes, it can be used for scalping as well as swing trading, depending on the timeframe.

Does it repaint?

No, the signals are non-repainting and stay fixed once printed.

What markets does it work on?

It works on Forex, indices, crypto, gold, and other instruments supported by MT4.

Final Words

The SMA Smoothed Volume Buy/Sell Indicator is a practical tool for traders looking to combine volume with smart signal generation.

It filters out noise while offering timely, volume-backed entries and exits.