What is this indicator?
Weighs volume based on where price closes within a candle's range to reveal real buying or selling pressure. A steadily rising line alongside flat price is often a sign of quiet accumulation.
How to read the chart
A rise happening alongside price movement confirms that move's validity; a divergence between volume and price is often a sign of a weakening trend.
Practical tip
Always check volume alongside price movement; volume on its own, without regard to the price trend, isn't a reliable signal.