VolumeTrend Indicator - Forex Forum

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24th November 2009, 18:23

MechXTrader MechXTrader is offline

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VolumeTrend Indicator

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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