Voluminator: Moving-Average Trend Signals with Smoothed Volume
Summary
Voluminator classifies trend by comparing the close with a configurable moving average. When the close is above the average, volume contributes to a bullish series; when it is below, volume contributes to a bearish series. Separate smoothed series are displayed as green and red histograms, with reference lines, so users can observe how volume associated with each direction changes over time. The indicator’s average period and averaging method can be adjusted; the example uses a smoothing period of 14.
The description proposes using histogram strength to watch for trend exhaustion or pullbacks, but gives no formal signal thresholds, trading rules, or performance evidence. It is a translated indicator conversion from another platform, and the document does not discuss data handling, market-specific behavior, or validation. The volume display should therefore be treated as an exploratory trend aid rather than evidence that a reversal or continuation is likely.
Key ideas
- The indicator assigns positive or negative volume according to whether the close is above or below a moving average.
- It smooths bullish and bearish volume into separate histogram series.
- The moving-average period and method are configurable, with an example period of 14.
- The author suggests using histogram behavior to examine trend strength, exhaustion, and pullbacks.
- No entry rules, validation, or performance results are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.