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VolumeTrend Indicator

Discussion in 'Indicators' started by MechXTrader, Nov 24, 2009.

  1. MechXTrader

    MechXTrader New Member

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    VolumeTrend Indicator is a volume-based indicators that plots the direction of the volume. As any trader knows, volume preceds price in its trends and directions. By paying close attention to the direction of volume, a prudent trader can anticipate changes in trends of the markets. The most simple example for it is a bullish trend with falling volume - it is a weak trend that is about to end.

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    Volume Forex Indicator
     
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