What is the cluster volume chart? A Cluster Volume chart consists of several bars. Each bar contains a vertical line from open to close and a set price volume indicator forex that draws clusters.
Clusters represent trading activity for a particular price level. It accumulates volume of each side of the trade and draws rectangles on the chart. How do I use it in my trading? Our Cluster Volume chart allows you to see the volume reaction when price touches a pivot level and defends that level indicating a high probability of a price reversal.
Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.