Volume Indicator – FX Replay Guide

The Volume Indicator in FX Replay is essential for validating breakouts, assessing trend strength, and spotting early reversals. It helps you distinguish between high-conviction market moves and low-participation noise—vital for cleaner backtests and tighter trade execution.

How to Use Volume in FX Replay

Enable Volume:

• Open the Indicators panel.
• Search for “Volume” and add it.
• Bars will appear beneath your chart—each representing the trade volume per candle.

Volume-Based Trade Filters

• High Volume + Breakout =  High-probability trend continuation.
• Low Volume Breakout = Likely fakeout → wait for follow-through.

Trend Confirmation with Volume

• Uptrend: Price rising with volume rising → strong bullish trend.
• Downtrend: Price falling with volume rising → bearish momentum confirmed.
• Divergence: Price rising/falling with declining volume → watch for possible reversal or stall.

Breakout Strategy – Replay Tips

• Pause during consolidation breakouts.
  • Is volume increasing? → consider entering.
  • Volume flat or declining? → delay or skip.
• Test setups during NY / London session opens when volume tends to spike.

Backtest Journaling Ideas

Tag trades based on volume context:

• “Low-volume breakout from FVG”
• “Volume spike on SMMA cross”
• “High-volume rejection at VWAP”

Use filters to analyze win/loss rate by volume condition and refine your entry logic accordingly.

Pro Tip

In FX Replay, volume is your truth filter. A setup may look perfect technically, but without volume, there’s no conviction.

Pair volume with:

• VWAP or SMMA for price location.
• RSI for momentum confirmation.
• FVG retests for high-precision entries.

Only trade when the market is clearly participating.