Volume

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Related Topics

 

 

Volume studies are available only on daily and weekly charts. Volume is the number of shares or contracts traded in a given time period.

 

 

A volume study measures the intensity of a price move.  Volume ordinarily reacts to the direction of a price trend.  In an uptrend, volume should increase as prices rise; in a downtrend, volume decreases as prices fall.  Divergence is commonly interpreted as a signal of a possible trend reversal.

Parameters

 

Parameter

Function

Color

Default color is yellow. To change the color, click on the color button:

 

 

Then choose the color you want from the Color Menu.

 

Graph

Sets the drawing method for the study.

 

Option

Function

Bars

Renders the study as bars.

Dots

Renders the study as dots.

Dotted

Renders the study as dots.

Histogram

Renders the study as a histogram drawn from 0.

Line (Default)

Renders the study as a line.

Not Drawn

The study is not rendered.

 

Line Style

Sets the rendering technique of the graph parameter (if it is set to Line).

 

Option

Function

Dash-Dot

--l-l-l-l-l-l-

Dash-Dot-Dot

----ll----ll----

Dashed

- - - - - - - - - - - - - - -

Dotted

llllllllll

Solid (Default)

-------------------------

 

Line Width

Sets the tickness of the study line.

 

Option

Function

1 pixel (Default)

  

2 pixels

  

3 pixels

  

4 pixels

  

5 pixels