Volume is a widely used indicator in technical analysis, but there is an option that is even more useful than volume itself: the moving average of volume.
This is nothing but a moving average applied to the popular Volume indicator.
As the name suggests, Volume MA is used to display the volume of transactions (purchases and sales made) of a certain financial asset at a given time along with the moving average of the same volume over time.
What is it for?
With the Volume MA indicator, you can easily determine:
Transaction volume with any tradable asset
Trading volume trend
Breaking the price trend
Disruptions of supports and resistances