What is the best volume indicator for day trading?

Asked By: Adonis Hickle
Date created: Fri, Mar 19, 2021 12:28 AM
Best answers
  1. On Balance Volume (OBV) OBV is a simple but effective indicator…
  2. Chaikin Money Flow…
  3. Klinger Oscillator.
Answered By: Okey Quitzon
Date created: Fri, Mar 19, 2021 11:44 PM
If you want to learn how to day trade like a pro, using the market structure and the volume profile, check out the TRADEPRO Academy day trading course. The best volume indicator for day trading is without a doubt the volume profile because it tells you where support and resistance structure is based on the volume traded at a level.
Answered By: Judson Rohan
Date created: Sun, Mar 21, 2021 12:01 AM
Best List Of Buy and Sell Volume Indicators. In day trading, traders try to gain profit from short-term price movements in the market and these price movements are driven by volume. With the help of a volume indicator, the trader can determine the best trading opportunities in the market and eventually profit off of them.
Answered By: Bernadine Rippin
Date created: Sun, Mar 21, 2021 2:55 AM
The OBV is a volume-based momentum oscillator, so it is a leading indicator — it changes direction before the price. This volume indicator was created by Joseph Granville in his 1963 book titled, “Granville’s New Key to Stock Market Profits”. Granville proposed the theory that changes in volume precede price movements in a measurable way.
Answered By: Santina Zboncak
Date created: Sun, Mar 21, 2021 8:21 PM
Behold the bread and butter indicator for many day traders: The VWAP. The VWAP (volume weighted average price) is a powerful indicator and one of the few indicators that is almost entirely intended for day trading. While it looks like a normal moving average (and it is a moving average), it is an entirely different beast than a normal moving average.
Answered By: Davion Crona
Date created: Mon, Mar 22, 2021 2:26 AM
These include oscillators, volatility, volume, support/resistance, trend-following, leading, and more. In this guide, we will go through the ten best indicators for day trading that you can use to complement your strategy and take your technical analysis skills to the next level. Transparency: We may get compensated when you click on links in ...
Answered By: Howard Baumbach
Date created: Mon, Mar 22, 2021 9:47 PM
What Are The Best Technical Indicators For Day Trading and MACD. Another popular momentum indicator is the moving average convergence divergence (MACD) oscillator. MACD shows the relationship between two moving averages. Even though it is up to the discretion of the trader, you typically use the 12-day and 26-day exponential moving averages (EMAs).
Answered By: Alexandria Stark
Date created: Thu, Mar 25, 2021 4:15 AM
The best volume indicator used to read a volume in the Forex market is the Chaikin Money Flow indicator (CMF). The Chaikin Money Flow indicator was developed by trading guru Marc Chaikin, who was coached by the most successful institutional investors in the world.
Answered By: Chaim Conroy
Date created: Fri, Mar 26, 2021 8:13 AM
Volume weighted average price (VWAP) is a very popular indicator which a lot of different options. It has been covered in-depth in this article. In essence, VWAP is just any other moving average but puts a Volume into the calculation. You can use it both for trend-following and mean reversion by adding standard deviation bands.
Answered By: Anthony Fay
Date created: Sun, Mar 28, 2021 8:42 AM
On Balance Volume (OBV), developed by Joe Granville, is a momentum indicator that relates volume to price change. On Balance Volume indicator shows if market’s volume is flowing into or out of a security/stock. When the security/stock closes above the previous close, all of the day’s volume is considered up-volume.
Answered By: Federico Glover
Date created: Sun, Mar 28, 2021 6:29 PM
FAQ
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