Summary of Volume Indicators

Accumulation Distribution:  This indicator uses a relationship between volume and prices to estimate the strength of price movements, and if volume is increased there is a high probability that prices will go up.

Chaikin Oscillator: This indicator is the difference between a 3-day exponential moving average and a 10-day exponential moving average applied to the Accumulation Distribution. Using the Chaikin Oscillator it is possible to monitor volume flow for a market.

Ease of Movement: This indicator deals with the relationship between volume and price change, and uses volume to indicate how strong a trend is for prices.

Money Flow: The money flow indicator compares upward changes and downward changes of volume-weighted typical prices. This indicator is similar to the relative strength index, the difference being the volume-weighted prices.

Negative Volume Index: The Negative Volume Index should be used together with the Positive Volume index. The Negative Volume Index only changes if the volume decreases from the previous day.

On Balance Volume: On Balance Volume is one of the first volume indicators that measures positive and negative volume flow. Volume is added if the closing price increases and subtracted if the closing price decreases.

Positive Volume Index: The Positive Volume Index should be used together with the Negative Volume index. The Positive volume index only changes if the volume decreases from the previous day.

Price Volume Trend: The Price Volume Trend is a cumulative volume total that is calculated using relative changes of the Close price, and should be used with other indicators.