Volume analysis is one of the most really impartial method of technical assessment that gives opportunity to reveal and specify the levels of support and resistance, to estimate trend reaction(value or volume) or additionally confirm existing price model.
ClusterVolume Indicator allows to penetrate volume clusters,i.e. summary volume traded in current bar at current price. This indicator lines up the clusters in to a bar chart and changes the whole graph to a set of bar charts.
Here is the real example of that how much information about price action you can get from cluster volumes.
This is the same graph but with the visualized by ClusterVolume Indicator cluster volumes
As you can see Indicator helps to identify promptly the assessment of volumes in consolidation on the level of support/resistance in the moments of price reversal. So trader can undoubtedly use this information very favorably.
There are integral trading systems based on analysis of volumes. So by means of such method of analyses some traders recognize accumulation of position by "smart money" and determines possible further price direction from the flat, other traders identify trend volume or definite levels, while others with the help of cluster volumes estimate the maximum precision for entrance in the market and reasonable stop decrease until 2 for 6 ticks on future markets.
Cluster graph provides analysis on every timeframe thus it doesn't matter what type of trading you'd like to choose: skalping, daytrading, mid term trade (holding the position from few days to a week) or long term position trade.