Volume indicators are technical tools used to evaluate the strength of a security’s bulls and bears. Many volume indicators focus on buying versus selling pressure to determine which side is driving the price action. Others aim to identify the emotions that are influencing security at a particular time.
The indicator bars are displayed in two colors: green and red. A green bar indicates that the volume for the current period is higher than the volume for the previous period. A red bar indicates that the volume is lower than the volume for the previous period. You can choose which volumes to use (e.g. tick or real volumes) and customize the colors.
If you have any questions, please visit our Help Centre or contact us via Live Chat and WhatsApp.