Volume increase

Originally from ticket #3341.

Dear support team,

I am a bit unclear about the Volume Increase indicator. I understand that it alerts when there is an increase in trade volume. But I am not sure how to determine the direction of the trend by looking at the direction. How does this indicator provide an edge ?

Cheers
Karthik....

Add to a 15minute chart

Use the Yellow Stripes to see when the indicator is showing significant participation based on volume order flow
+ the direction of the price bars
+ timing or other nuances of your design/selection...

or use the fall away volume/decrease at a level of support or resistance/weak high or low and look for price action direction to enter the trade

MicroTrends Support
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