HimbitMarket Open Docs
Open Market Open →

Technical

Volume

Traded volume per bar, coloured by bar direction, to judge how much participation stands behind a move.

Volume on BTCUSDT 1h (Binance), with only this indicator on.
Volume on BTCUSDT 1h (Binance), with only this indicator on.

How to read it

  • Tall bars confirm a breakout or a reversal; moves on falling volume are weaker.
  • The moving average marks normal volume; bars under twice it are drawn at half strength.
  • Colour follows the candle, or the previous close if you choose.

Key settings

  • Currency USD (average price OHLC4 × volume) or Coin.
  • Volume MA on, length 20; highlight spikes on.
  • Placement: Overlay at the bottom of the price pane (default) or Own pane.

Good to know

  • Overlay by default; switch Placement to Own pane for a separate pane.