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What are best alternatives of volume indicators?

When traders are in search of alternatives to volume indicators, besides price action tools and market structure analysis, they also consider these to be quite helpful measures. Following these tactics enables the investors to estimate the strength and activity of the market without using the volume data. One of the best strategies here is to use candlestick patterns that not only determine market sentiment but also can be linked with price movement within shorter time periods. Another trustworthy device is the Average True Range (ATR), which denotes the variability in the market and can be utilized to detect if the market is in a strong or weak state. The most commonly used predictors by traders are Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) which allow them to assess the strength of the trend as well as its direction. Although these indicators are not substitutes for volume directly, they do provide some information about the increased and decreased price movement power. The identification of the order flow and footprint charts, primarily in the futures and forex markets, are the trends nowadays and provide a very clear picture of the buy and sell activity at different price levels without employing traditional volume data. Furthermore, the trendlines, support-resistance zones, and Fibonacci retracements can be employed as contextual tools to identify possible price reversals or continuations. By practicing these strategies, traders will be able to read the market using the lens of price dynamics instead of trade volume, thus offering a much more informed view of supply and demand imbalances.
 
Alright, let’s get real. Staring at those boring old volume bars? Yeah, that’s not the only way to feel out what’s really happening in the market. Loads of traders, honestly, do just fine tossing volume to the side and zeroing in on other stuff—like price movement and how the market’s actually behaving.

First, candlestick patterns—those little shapes that look like a bunch of lollipops battling for territory? People love them. Dojis, hammers, engulfing patterns—they’re like the emojis of price action. They basically shout at you, “Yo, buyers are waking up!” or “Sellers are absolutely steamrolling here!” You don’t need fancy data, just a good eye, a bit of practice, and some caffeine. Sometimes, all it takes is spotting a reversal candle, and boom—you’re a step ahead.

Then you’ve got the Average True Range, ATR for short. Sounds kind of nerdy, but it’s really just tracking how wild the price swings have been lately. Big number? The market’s bouncing all over the place. Low number? It’s dead quiet—like waiting for your pizza delivery at 3 a.m. People use ATR for all kinds of stuff, not just sniffing out momentum but also figuring out smart stop-loss placements and position sizing. Less drama, more survival.

People also obsess over momentum indicators like RSI and MACD. No, they don’t care about volume either. They’re more about how fast prices are moving and whether things have gotten a bit...well, overcooked. Overbought? Oversold? Maybe a trend is ready to flip on its head. Pair these with your candlestick voodoo and you can cut through some of the market’s BS—filter out the fake-outs and time your trades better.

Now, let’s talk order flow and footprint charts. Especially if you’re grinding futures or forex, these are juicy. You get a behind-the-scenes look—seeing the actual trades going down at each price level. No relying on that crusty old volume bar anymore. You can spot where the big fish are lurking, figure out where supply and demand flip, and maybe catch a big move before everyone else jumps on. Kinda feels like cheating, doesn’t it?

And hey, old-school tricks aren’t dead. Drawing trendlines, marking support and resistance, scribbling Fibonacci levels all over your charts—these still work. They help you mark out where the action’s likely to pick up or stall out. Tie that together with momentum and candlestick setups, and suddenly you got yourself a pretty solid toolkit—all without ever peeking at traditional volume.

Like, in the end, what matters is putting the pieces together. Forget being obsessed with volume—plenty of other clues are baked right into the price action itself. If you’re sharp, you can spot supply vs. demand, measure trend strength, and hunt for those juicy trade setups. Volume’s cool if you got it, but you don’t have to be lost without it. Mix up your approach, keep your mind open, and you’ll be ready for whatever the market throws at you—even when those volume numbers start acting sketchy.
 
I have checked the TradingView platform and there are various volume indicators available there. However, predicting market volume without volume indicators requires one to analyze price action, volatility, and historical data. First, look at the speed and range of the price move; fast and big price changes are usually related to higher volume.

Also, take into account the volatility in the market—an increase in the size of price intervals and unusual behavior of price changes generally leads to higher volume. Check out the history of similar market conditions changes, like the time of day, week, or month, as market activity tends to repeat itself.

Besides this, sentiment analysis might also be a good source—new releases, earnings reports, and geo-political issues are usually followed by changes in market participation. Lastly, apply the order flow analysis method while keeping an eye on bid-ask spreads; wider spreads could be interpreted as less volume and narrower spreads as more volume.
 

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