Net Volume – FX Replay Guide
On FX Replay, the Net Volume indicator gives you insight into buying vs. selling pressure by showing the difference between uptick and downtick volume in real time. It's especially useful for validating breakouts and identifying trend strength.
How to Use Net Volume in FX Replay:
Add the Indicator:
- Go to the Indicators panel, search for "Net Volume," and apply it to your chart.
Interpret the Signal:
- Positive Net Volume → Buying pressure
- Negative Net Volume → Selling pressure
Spot High-Conviction Breakouts:
- Use Net Volume to confirm breakouts from consolidation zones or supply/demand levels.
- Strong price moves supported by high net volume = higher conviction.
Look for Divergence:
- If price is rising but Net Volume is declining, it could signal weakening momentum and a possible reversal.
Support Your Entry Strategy:
- Combine with FX Replay tools like the Position Tool or Order Block zones to confirm institutional interest or order flow strength.
Example Application:
Price breaks above previous day’s high → Net Volume spikes positive → Enter long trade with confidence.