CP Volumentum Trend is a good forex technical indicator often used in forex technical analysis. CP Volumentum Trend was developed to responds to a discrepancy in volume from the standard, taking into consideration that volume often greatly grows at market turning points.

The CP Volumentum Trend indicator dynamically integrates price and volume into a single indicator. The indicator responds to a divergence in volume from the norm, taking advantage of the fact that volume generally increases significantly at market turning points.

Volume divergence is evaluated against current price action and plotted as both a trend and a strength indicator. The indicator identifies high probability trading zones and automatically adapts to changes in volatility. The strength indicator is used to confirm the conviction behind the Volumentum Trend.