In our ongoing Education Series, Trading Room brings one more Episode of Technical Analysis tutorial in association with ChingasX. This time we are focusing on Volume Indicator – a tool that can be effectively used to gauge breakouts, money flow, trend reversals, trend continuations as well as a confirmation of a “real” move-in direction. In the following Video, ChingasX will elaborate more on.
What does Volume Indicator actually represent?
- Order Execution
- Confluence of Price Action
- Confirmation of a “real” move-in a direction
- Strong and Weak Market Moves
- Trend Continuation/Reversal
- Money Flow
Also, don’t forget to check out Volume Scanner to identify some juicy setups: https://tools.tradingroom.io/#/volume
Remember Volume is just one of the indicators to identify Most Active Assets. Combine it with Price Action tools & you can identify some juicy trade setups.
In our Volume Scanner, We have included Daily Peak Moves & Real-Time Fibonacci Levels to help you identify Most Active coins for the day. If you are a day trader or scalper you will love it. We also have a special Cheat Sheet Video by ChingasX on how to use Volume Scanner, Check it here. Volume Indicator In our Volume Scanner, We have included Daily Peak Moves & Real-Time Fibonacci Levels to help you identify Most Active coins for the day. If you are a day trader or scalper you will love it. We also have a special Cheat Sheet Video by ChingasX on how to use Volume Scanner, Check it here.
Why Trading Room has developed Volume Indicator?
The main reason behind the development of this tool is to help you to save time and efficiently make your trading decisions. Anyone who can spend one hour a day can trade and make money by learning some simple techniques. We want you to stop wasting time in front of computer/mobile screens, trying to find trade setups.
Coming up next:
- Market Monitor
- Live Support & Resistance Levels
- MA Crossovers
- MA Distance Tracker
- And lot more
No lunch is free & eventually, we need to monetize in order to sustain our operations in the long term. Let’s understand why we offer a free platform and how we can sustain it in the long term.
Trading Room Team is a bunch of passionate traders, developers, designers & educators. We want to help spread the knowledge and help bring mass adoption of trading in general.
Trading Room is a for-profit business. Yes, that’s correct, we are not here for charity and therefore we will figure out the best possible avenues to monetize, and make this into a profitable endeavor. So, all stakeholders remain interested in the long term development of the project.
While the platform for Binance crypto will continue to be free, we may monetize by accepting advertisements, sponsorships, and offer white label solutions for crypto to other service providers, as well as launching paid plans for forex, stocks, commodities, and derivatives or even other Crypto Exchanges.
Legal Disclaimer: All Information & Technical Analysis Modules are based on Proven Tech Analysis methods and strategies. However, as always do your own research before taking any trading positions based on any online or social media posts including ours.