Volume

The Volume indicator displays the volume of executed trades.

To add and set up this indicator, open the Indicator Setup window.

Colors

DeltaColored – when this mode is enabled, the bars of the indicator will be painted depending on the delta (the difference between the market sells and buys) of the given bar. When the delta is positive, the bars will be painted green, when the delta is negative – red. Colors can vary depending on the color settings of the indicator. If the following option is disabled, the bars of the volume indicator will be painted depending on the direction of the price bar.

Filter

Use filter

Filter - a bar filter by volume

Calculation

Type :

• Volume
• Ticks
• Ask
• Bid

Volume alert

Use alerts

Alert file

Reverse alert

Use alerts - an alert for a bullish candle and a negative delta, or a bearish candle and a positive delta

Alert file

Volume

Show volume - show volume values on bars

Show short values - show large values in thousands/millions

Location

• Up
• Middle
• Down

Font

Font color

Drawing

Panel - this option is responsible for the location on the chart.

Negative - a color setting of the histogram column where sells prevailed.

Neutral - a color of volume indicator bars for neutral Doji price bars (opening price equals closing price) or for bars with zero delta, depending on the DeltaColored mode.

Positive - a color setting of the histogram column where buys prevailed.

Filter - a color setting of the histogram bar suitable for the current filter.

Also read the following related articles:

GETTING ACQUAINTED WITH ATAS. ADVANTAGES OF WORKING WITH INDICATORS

BASICS OF CLUSTER ANALYSIS. LOOKING FOR SIGNIFICANT LEVELS WITH THE HELP OF GRADUATED VOLUME