I always heard that we have to use price and volume to trade. I can understand how to use price for trading but when it comes to volume I am a little bit confused. For prices we have certain indicators and parameters to buy and sell eg RSI <20 for buy and RSI>70 for sell but I don’t find any such indicators for volume. The only indicator i found was OBV and its a suggestive technique.
Is their a indicator for volume which can give an approximate sell and buy signal (eg Moving averges, RSI etc)?
Is their a indicator for volume which can give an approximate sell and buy signal (eg Moving averges, RSI etc)?