Volume per Second and Its Moving Average as a Trading Indicator

Summary

The document briefly describes an indicator that calculates trading volume per second, or over a selected period, and computes a corresponding moving average. This provides a simple way to compare current volume intensity with its smoothed baseline. A trader could use that comparison as contextual information about activity, although the text does not specify how to interpret crossings, spikes, or divergences, nor does it define a trading signal.

The indicator originated as an MQL4 implementation and was later published in a code library. Its MQL5 version depends on a separate smoothing-algorithm class that must be available to the terminal. The document supplies no formula details, parameter guidance, market examples, validation, or performance results. It therefore introduces an indicator concept rather than establishing a strategy or showing that volume changes predict price movements. Its usefulness depends on implementation choices and on testing it against the intended instrument and timeframe.

Key ideas

• The indicator measures volume per second or across a selected period.
• It calculates a moving average of the volume measure for comparison with current activity.
• The text does not define trading signals or explain how to interpret indicator changes.
• The described implementation depends on a smoothing-algorithm library and provides no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.