Volume Pro uses price and volume to predict the market orders. This indicator helps traders understand the order flow and market sentiment. Volume analysis is often used by stock and futures traders to predict the market. This Indicator makes it easier for retail traders to do volume analysis.
This indicator displays two types of values:
- Green Line - This line indicates increased buy positions in the market. (Could be the sign for uptrend. Look for potential buy entry)
- Red Line - This line indicates increased sell positions in the market. (Could be the sign for downtrend. Look for potential sell entry)
This indicator is best used as signal filter or analytical tool rather than buy/sell signal.
It is highly recommended you backtest this indicator before going live!
You can enable or disable Alerts under Inputs. No additional Inputs are needed.