Volume Impulse
Last updated
Last updated
The Volume Impulse indicator scans for a specific chart pattern spanning three bars. It identifies a scenario where there are two bars with increasing volume in one direction, followed by the third bar moving in the opposite direction with higher volume. This signal is a strong indicator of an impending price move in the direction of the third bar.
This indicator can be found in the list of indicators within the Volume sub-section. Click on the indicator and it will be added to the chart.
Actually, this indicator is quite straightforward since it displays a specific pattern. Therefore, in the settings, you can customize only the colors for Buy/Sell signals, and you can also enable notifications for new signals.
If notifications are enabled for this indicator, you'll see them in the Alerts Log panel.
