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Volume & Tape

Volume

How many shares (or coins) changed hands — the fuel gauge behind every price move.

What it means

Volume counts executed quantity. Price says what happened; volume says how much conviction was behind it. A breakout on heavy volume and the same breakout on air are different trades.

Intraday, the useful view is volume per unit of time — per second or per minute — rather than the day total, because it shows acceleration: the moment participation actually arrives.

Why traders care

  • Confirms or denies price signals — moves without volume revert more often.
  • Sudden volume bursts frequently precede the visible price move by seconds.

In a TraderWe strategy

if SumBuyVol(60) > SumSellVol(60) * 2:
    Buy()
Buyers took twice the volume of sellers over the last minute.

Educational content, not investment advice. Engine details describe how TraderWe computes this value; other platforms may define it differently.