01 · Indicator · Volume Oscillator
What is Volume Oscillator?
The volume oscillator compares a short and a long average of volume to tell whether activity is rising or falling.
It helps judge the quality of a breakout or trend.
02 · Indicator · Volume Oscillator
The calculation
Oscillator = (short volume average − long average) / long average × 100.
Common settings: 5 and 10, or 14 and 28.
03 · Indicator · Volume Oscillator
Reading the signals
Positive value: volume above its average, the move is supported.
A price breakout with a negative oscillator is suspect.
04 · Indicator · Volume Oscillator
Settings and combinations
The volume oscillator is in the Volume group. It pairs well with: OBV (On-Balance Volume), Chaikin Money Flow (CMF), Donchian Channel.
To put the signal in context, check the Heatmap, the news or ask the AI Compass. No indicator is investment advice.
◆ Step by step
Get started in 4 steps
- 01
Open a chart
Search for an asset on the Charts page and pick a timeframe.
- 02
Add the indicator
Open Indicators, Volume group, then click Volume Oscillator.
- 03
Adjust the settings
Change the parameters in the indicator sheet to suit your horizon.
- 04
Confirm the signal
Cross-check with the main trend and another indicator before concluding.
◆ FAQ
Your questions, clear answers.
01Does it show direction?
No, only the intensity of activity.
02What is it for?
Confirming or rejecting a breakout.
03Which settings?
A short and a long average, for example 5 and 10.