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Most of indicators, as you know, are the price derivatives and reflects just some market patterns (that can stop working if the market changes).

The market is not a mathematical model that can be described by 2 or 3 formulas (that’s what indicators try to do). Each price movement is determined by definite people whose actions are very difficult (practically impossible) to describe from the mathematical point of view. And in order to understand and forecast (precisely) the exact market developments it’s necessary to have trading volume data.

How are any market developments formed?

The basic cause of any market movement is money entry (purchasing or selling a big amount of lots, shares, etc.) The price reacts to such entries, i.e. appears to be a derivative of values. The indicators in their turn react to the price being the last and lagging element.

From the scheme described above it appears clearly that it’s necessary to have trading volume data for high quality and accurate analysis.

Volume Researcher is developed specially for these purposes.

Fundamentally the levels formed by the volumes, you can use in trading, are divided into 2 groups:

1. The levels formed by long accumulating of volumes (from 1 hour).
2. The levels formed by big money entries during a short period of time (5-15 minutes).
3. The levels that had (or have) big limit orders.

All the three types of the levels you can get in real time with the help of Volume Researcher. There are also alerts with audio and visual signals in the program for comfortable work.