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Indicators A ~ C

Indicators D ~ L

Indicators M ~ N

Indicators O ~ P

Indicators Q ~ U

Indicators V ~ Z

Volume

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.

Example

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.

Setup

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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