What does the Volume in MT4 mean?

micron 2011.06.28 11:12 #11

Thanks ubzen and zzuegg! :)

T Man 2018.02.07 13:59 #12

Hi guys I'm new ,

About the volume thing in Metatrader4 I just learned that scale :1.0 means 10$ per pip for EUR/USD pairs. And this rate is only applicable when USD is a base currency.

So does this means that Volume:1.0 is always 10units of a base currency irrespective of whether dollar is evolved or not?

Like Volume 1:0 of EUR/GBP means 10pounds per pip?

Does "Volume[0]>1" means this Is risk diversification even P/L Appears To Be

SafMoseSteve 2018.02.08 00:17 #13

It doesn't mean anything for trading forex, but thats only my own experience, you can make more money from MACD which is the top quality trend following indicator and thats also my own opinion

EURUSD - Trends, Forecasts Thinking of giving up Online trading on Wave

Ahmet Metin Yilmaz 2018.03.11 18:01 #14

Volume means ticks counts in chart period

kahtan 2018.07.09 17:59 #15

is that mean

volume = count of tick in period= count of change in price

What does the Volume in MT4 mean? - page 2