Howdy, traders!
Determining strong buying and selling pressure by relying solely on the volume of a single candle can lead to noise and unreliable signals.
To address this, we offer Volume Strength Spotter, an indicator that helps you determine the percentage by which the volume of the current candle is stronger compared to the average volume of previous candles.
This provides a more effective reading of whether the market pressure is strong or weak.
For example, in the image below, the large blue dot on the candle shows significantly stronger buying momentum than the preceding candles in the cycle.
This additional insight helps you make better trading decisions, especially for breakouts, reversals, or trend continuations, while reducing the risk of false breakouts.
To learn more about its features, we invite you to visit https://ninza.co/product/volume-strength-spotter
