Volume Moving Average (20) smooths volume data to show the average trading activity. Spikes above the average indicate unusual interest, while dips below suggest low participation.
Parameters (20)
X-Axis: Time (candle intervals)
Y-Axis: Volume MA (auto-scaled, min 0)
Line: VOLMA(20) smoothed volume
Interpretation
Rising VOLMA = increasing market interest
Falling VOLMA = decreasing activity
Price breakout + high VOLMA = strong move
Data refreshes periodically — not real-time
Trading Signals
Up-moves on above-average volume = conviction behind the move
Breakouts on below-average volume = suspect, prone to failure
Rising volume MA = growing participation in the trend
Price Overlay
Close Price: Daily closing price (right Y-axis)
Volume expansion + price breakout = high conviction