Averagevolume — Indicators and Signals — TradingView — India (2024)

FAQs

What is the average volume indicator on TradingView? ›

The information displayed could be summed up as a volume profile divided by a market profile. This indicator is a profile which displays the average volume of an area (of price). It also calculates and displays the highest average volume point (HAV) and the relating value zones (calculated in the...

A Volume + Moving Average indicator is used in charts and technical analysis. It refers to the average volume of a security, commodity, or index constructed in a period as short as a few minutes or as long as several years and showing trends for the latest interval.

The most accurate volume indicator is On-Balance Volume. Its values are more informative for making trading decisions. How do volume indicators work? The indicators show total market volumes in correlation with the price in the chart over all timeframes.

The fast volume moving average is usually over a period of 14 days or weeks. The slow volume moving average is usually 28 days or weeks. Analysts regularly argue about the applicability of these time periods—some say that 14 and 28 are too conservative, while others argue these numbers are not conservative enough.

The total volume of a stock that is traded during each trading day is information that is freely available through virtually any stock trading or information center, such as your brokerage account or financial market information providers, such as Marketwatch, Google Finance, or Yahoo Finance.

Oscillators are also very popular technical indicators you can apply in the TradingView. RSI, Average True Range (ATR), Technical Ratings, stochastic oscillator, volume oscillator, and price oscillator are the swing-based technical indicators that you can apply in TradingView to identify increased volatility.

The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.

The MACD is a multipurpose study that shows changes in a price trend's direction, strength, momentum, and duration. This new MACD does all of that but with volume! The MACD is an unbounded oscillator calculated from price data. As a result, we need to look at where this data comes from.

Which volume indicator is best for intraday? ›

However, the best volume indicators for day trading that work intraday are on-balance volume indicator, Volume-Weighted Moving Average, Money Flow Index, Klinger Oscillator or Accumulation and distribution indicator.

It is one of the oldest and most popular indicators and is usually plotted in colored columns, green for up volume and red for down volume, with a moving average. It is one of the few indicators that is not based on price. High volume points to a high interest in an instrument at its current price and vice versa.

Volume Indicators: PVI & NVI

To understand volume analysis, it is important to have indicators that can help the investors to measure the volume. Most of the technical analysts use two of the important volume indicators, the Positive Volume Index (PVI) and the Negative Volume Index (NVI).

Examples of Leading Indicators:

It is used to give early trade signals, that is why it is a leading indicator. It helps in identifying overbought and oversold territories.

The 5-8-13 EMA combination is a highly valuable tool for day traders navigating the volatility of the markets. This trio, emphasizing recent prices, helps in distinguishing significant market moves from irrelevant noise, which can help you make clearer and more informed trading decisions.

A volume unit (VU) meter or standard volume indicator (SVI) is a device displaying a representation of the signal level in audio equipment.

This indicator calculates the volume from two moving averages (MA). The value of the slow volume MA is then subtracted from the value of the fast moving average. The Volume Oscillator measures volume by analyzing the relationship between these two moving...

The volume-weighted average price (VWAP) is a technical analysis indicator used on intraday charts that resets at the start of every new trading session. It's a trading benchmark that represents the average price a security has traded at throughout the day, based on both volume and price.