FREE Forex Indicator: VolumeTrend Indicator
Tue, 11/24/2009 - 19:51 — IndicatorForex.com
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The following indicator is a MUST-HAVE in any trader's arsenal. The VolumeTrend indicator shows the trend of volume, or more accurately, the slope of linear regression of the volume.
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The trend of volume is very useful for determining trend strength and predicting reversals at trends. Such reversals usually happen when price is rising but volume is falling. This suggests that the trend is actually weak and about to end.
For more information about trading with Volume, you are invited to read the following article:
http://www.indicatorforex.com/content/how-trade-volume
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