Thread: Volume trading
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Old 01-08-2009, 01:30 PM
frameguy frameguy is offline
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Lightbulb Volume

CJA;

From what i have observed by placing a Volume digit indicator and Tick digit indicator side by side the numbers are sometimes similar but often different so i suspect there is something different about the data feed. My understanding is that the Tick is for every movement of price but the Volume is for every trade placed so you can get several trades placed during 1 Tick however i could be wrong on this.
Perhaps someone else has more accurate info on this.


You are correct. A lot of traders are using VSA, (Volume Spread Analysis),
But not on MT4. Their using E-Signal from many providers, with different platform. The signal for VSA is for entries and discretionary exit. They look for previous bars for volume for their entries. But is MT4 not as good if you know what your doing?

MT4 seems to be Muted, if you know what I mean, and different brokers.

Regards,Spelling
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Last edited by frameguy; 01-08-2009 at 01:31 PM. Reason: Spelling
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