Ultimate Volume Indicator
Solving the 3 major problems when trading with volume!
What is the ultimate volume indicator?
When trading price action, like pattern breakouts, one thing traders always look at is the volume. A high volume is a confirmation of the move being strong.
Ultimate volume gives you:Â
1) Aggregated volume from 5 different exchanges
2) Divergence between volume and price
 3) Predicted volume indication
4) Volume anomaly warnings
5) Breakout targets based on volume moving average
Solving single exchange volume!
One problem though is that you only look at the volume of the specific exchange you selected with the coinpair on your chart.
If the chart is on binance you do not see big volume on other exchanges. This leads to missed trades or bad trades.
Another problem is that deriviate exchanges have much more volume due to the leveraged nature then spot volume, but can be very misleading in the event of a liquidation cascade event.
The ultimate volume indicator solves these problems. It takes the volume of 5 different exchanges, normalizes them into a 0 to 100 scale and then takes the average of all 5.
Intra candle predicted volume!
Sometimes the moves start in the beginning of the candle. Even though it is a strong move, you do not see it in the volume yet.
For example on a 4 hour timeframe one candle takes 4 hours to complete.
After 1 hour a big move occurs but the volume still seems low. But that is logical because 75% of the candle is yet to come and will add more volume to the volume bar.
That is where the predicted volume comes in. This indicator shows you the predicted volume at the end of the candle if the current volume keeps up in the same amount. So on a 4 hour chart, if after 1 hour (at 1/4th of the candle in time) there was 100Mil of volume, predicted volume will indicate 400Mil volume as prediction.
This way you have a much better sense of the volume to base your trading decisions on.
Divergences and volume anomalies
notice red, green and orange stars. The red and green stars indicate a divergence between volume tops/bottoms and price. The orange stars indicate a volume anomaly, for instance a very high volume but barely any price movement, or vice versa. Both the divergence and the anomaly are signs of a potential price reversal coming.
