What Volume shows
How much was traded in each candle.
Indicator guide · Volume and volatility
Volume: what it shows, settings and how to read it.
How much was traded in each candle.
How it is calculated
The amount traded during each candle, drawn as a bar. On crypto charts it is counted in coins or in USDT.
Usual settings
A 20-period average of volume is often added, to see at a glance whether a bar is unusually large.
How traders read it
Moves on rising volume are more trustworthy than moves on falling volume. A huge volume spike often marks a turning point.
Where it fails
Volume differs from exchange to exchange.
What to combine it with
Everything: breakouts, candlestick patterns and trend changes are trusted more when volume is above average.
Try Volume on a live chart
Sign in, open Genni Charts, press the "ƒx Indicators" button above the chart and choose Volume. Click its name on the chart to change the settings. It is free for every member.
More in "Volume and volatility": OBV · MFI · ATR · All 25 indicators
Questions
Frequently asked questions
What is the Volume indicator?
How much was traded in each candle.
What are the best settings for Volume?
The usual settings are: A 20-period average of volume is often added, to see at a glance whether a bar is unusually large. No setting is best in every market, so test a change on past data before relying on it.
Is Volume reliable on its own?
No single indicator is. Volume differs from exchange to exchange. Most traders use it together with: Everything: breakouts, candlestick patterns and trend changes are trusted more when volume is above average.
How do I add Volume to a chart for free?
Sign in, open Genni Charts, press the "ƒx Indicators" button above the chart and choose Volume. Click its name on the chart to change the settings. It is free for every member.
This page is education, not investment advice. Trading involves substantial risk of loss. Read next: Trading indicators · Trading strategies · Candlestick patterns