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    Thread: How do you use volume as indicator?

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      Aya is offline
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      Quote Originally Posted by crowplayer View Post
      Volume is one of the most powerful indicators, but it's often overlooked due to its sheer simplicity. always look for confluent signals from the volume indicator to support the current trend in price movement. If price is moving downwards, look for increasing volume to support that movement along with decreased volume during the buyback phases.

      Similarly, if price is trending upwards, look for confirmation of decreased volume during pullbacks. If you see multiple high-volume candles that don’t support the current trend, it could be a sign of an impending reversal.
      Thanks, mate. This is a very comprehensive explanation on using volume as indicator. This surely will be helpful to everyone.

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