The indicator Future Volume is a unique, professional financial instrument based on total candle volumes, which is able to predict further price changes. It shows “oversold” and “overbought” points with colors by using candles volume. This indicator does not repaint or not recalculate.
Oct 25, 2017 · Best Forex Indicator for Volume Analysis There is no reliable volume indicator in spot forex which can be used for volume analysis. In forex futures trading, this is an easy matter because the exchange provides a record of daily volumes, but in forex spot markets, there is no centralised trading venue for market participants.
Forex volume indicators
Momentum indicators: Forex market indicators that follow the speed of a price change during a certain period of time are called momentum indicators. Momentum indicators are Forex useful indicators for breakout traders, since they want to catch the initial price move with high momentum following the breakout of important technical levels.
Therefore to count volume in forex it is the number of ticks or changes in price which is used, an from which we derive our volume. One tick measures 1 volume. As a tick moves up and down volume rises. When volume rises, it signals market activity with participants actively buying and selling currencies.
Like the fairness indicator, it is also very useful for keeping track of your trading. Win max indicator. Forex Candlestick Patterns. 7. Daily trend indicator. This indicator will draw a box on all the candles of the contemporary trading day and show you the each day candle at the right side of the chart.