Indicators A ~ C

Indicators D ~ L

Indicators M ~ N

Indicators O ~ P

Indicators Q ~ U

Indicators V ~ Z


Volume is used to highlight unusual trading activity in a security. It can be displayed as a separate indicator in Daily, Weekly or Monthly format.

Volume signals are covered in detail under Volume Patterns.


Coca Cola Corporation shows a close-up of a ranging market with daily volume and a EMA 5-day exponential moving average.

Coca Cola Volume Indicator

Mouse-over chart captions to display trading signals.

Significant increases in volume can be seen on days [1] to [4]. The first three occur on days when price closes near the daily high, indicating accumulation (buying pressure). On day [4] price closes near the daily low, warning of distribution (selling pressure). Low volume on day [5] indicates uncertainty, but is followed by rising volume and strong closes, signaling accumulation.


See Indicator Panel for directions on how to set up an indicator. To alter the default settings - Edit Indicator Settings.

To create a Volume Moving Average:

  1. Open the Indicator Panel
Indicator Panel: Volume
  1. Select Volume in the left column
  2. Under Optional Indicator Smoothing, set a moving average
    (the above example has been set to a 5-Day exponential moving average of Volume)
  3. Save [>] the indicator settings and
  4. Close [x] the Indicator Panel.

Volume Colors

Selecting Volume With Close Colors in the Indicator menu, allows you to color volume bars according to whether price closes up or down on a given day.

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