Need something custom-built? Contact Us.

TrendEdge Volume

License Options

Understanding volume is key to successful trading. However, as traders, how are we able to identify what broader forces are in control of the market, buyers or sellers?

This indicator does just that by utilizing a strategic combination of price action and an average volume lookback. The indicator is an oscillating modified volume calculation to estimate increasing buy volume or sell volume.

Through our display settings, we have made it very simple to quickly look at a chart and see by the background color what trend state we are in: Buyers in Control = Green, Sellers in Control = Red.

Aggressive Buy/Sell Volume Sub-Indicator

The indicator itself includes a standard deviation measure to determine aggressive buying or selling activity per the default setting. The setting may be adjusted to a higher standard deviation to look for extreme level, volume reversals. Please inquire for more details.

*Indicator available for both NT7 and NT8