Blog : Volume Indicator
Volume
The Volume indicator measures the amount of a financial asset traded over a specific period. For stocks, volume is measured by the number of traded shares, while for futures, it is based on the number of contracts. By analyzing volume patterns over time, traders can better understand the strength of price advances and declines in both stocks and markets.
| Volume Inputs | |
|---|---|
| Volume SMA Period | 20 |
| Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
|---|---|---|---|
| Volume crossover Volume SMA and close > open | Volume crossunder Volume SMA | Volume crossover Volume SMA and close < open | Volume crossunder Volume SMA |
| Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
| Volume > Volume SMA and close > open | Volume < Volume SMA and close < open | Volume > Volume SMA and close < open | Volume < Volume SMA and close > open |