In the Volume display options area, you can specify the following: Note that the bar width is proportionate to the volume aggregation period.ģ. Select the desirable bar width in the Bars width dropdown. This will open the Studies configuration menu with the Volume Bars tab active.Ģ. Right-click on a volume bar and choose Volume Settings. Drag and drop the red line to proportionally change the height of each volume bar.ġ. The indication of volume correspondent to this level is located on the left. You can estimate the volume for each bar using the red reference line that appears when you hover your mouse over the volume bars. The height of each bar is proportionate to the cumulative volume of all trades this bar consists of. This will also work for a single-color bar: in this case, zooming in onto it will display individual trades of the same side. Zoom in onto this bar to see individual trades for both sides. ![]() When a volume bar is shown in two colors, it means that the volume accumulated for this bar contains both buy and sell aggressor side trades. The color corresponds to the aggressor side: red is for sell side, and green is for buy side. They are shown at the bottom of the chart. ![]() Volume bars are a representation of the transactions that have taken place on the best bid and ask.
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