Volume Average Percent Indicator
The Volume Average Percent Indicator (VAP) aims to identify potential trading entries by analyzing the relationship between current volume and historical averages. Traders look for signals when the current trading volume exceeds a specified percentage of the average volume over a given period, which may suggest increased interest and potential price movement. For bullish entries, traders may seek moments when volume exceeds the average by a certain threshold, indicating strong buying interest, while bearish entries might focus on volume spikes during price declines. Integrating VAP with other indicators and market context can improve trade decision accuracy.