Volume + MA5 & MA10

This Volume + MA5 & MA10 (Technical Volume Trend Analysis)

The Volume + MA5 & MA10 indicator provides a precise view of market participation and volume momentum by combining raw volume data with two moving averages (MA5 and MA10). It’s designed for traders who rely on volume-based confirmation to validate price movements, breakouts, and trend reversals.

🔍 Overview

This indicator displays volume bars alongside two smooth volume averages — MA5 (short-term) and MA10 (medium-term) — making it easier to detect shifts in market activity.
When the short-term average crosses above or below the long-term average, it signals a potential change in trading intensity or market sentiment.

⚙️ Key Features

Dual Volume Moving Averages (MA5 & MA10) for short- and medium-term analysis.

Dynamic Bar Coloring based on whether current volume exceeds MA5 or MA10.

Crossover Detection with visual markers for MA5/MA10 intersections.

Alert Conditions to notify you of significant volume trend shifts.

Fully customizable appearance and smoothing options.

📊 How to Interpret

MA5 > MA10 → Increasing short-term volume activity (strengthening momentum).

MA5 < MA10 → Decreasing short-term volume (weakening participation).

Rising volume with price → Confirms trend strength.

Falling volume with rising/falling price → Suggests potential reversal or reduced conviction.

💡 Applications

Confirm breakouts and trend continuations.

Identify momentum divergences between price and volume.

Filter out low-volume or weak-trend setups.

Combine with RSI, MACD, or moving averages for enhanced signal validation.

✅ Advantages

Simple yet powerful structure for clean visual analysis.

Works across all timeframes and markets (crypto, stocks, forex, indices).

No repainting — reliable for both live and historical backtesting.

Use Volume + MA5 & MA10 to strengthen your technical analysis and gain a deeper understanding of how market participation drives price trends.