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Accumulated Volume indicator

An indicator called ‘Accumulated Volume’ is available in our charts. It displays the total volume over an interval and uses two parameters:

  • Start of the interval, measured in number of candles from the right side of the chart (thus pinpointing the left side of the interval).
  • Length of the interval as a number of candles.

accumulatedvolumeCharts

The value of the indicator gives the total volume over the defined interval. The visual representation is a histogram.

The accumulated volume over an interval can be valuable in measuring the length (in number of shares traded) during an accumulation phase or channel such as the Chartmill Channels.

accumulatedvolume