Volume[0] function returns wrong values
Normally, volume is the amount of a security traded in a time period.
Forex is not on a central exchange so it is not possible to get the real volume figure.
In MT4, volume means, how often the price changed in their time period.
Bar 0 is still open, so Volume[0] will change (go up 1, each tick) as the time period progresses
Normally, volume is the amount of a security traded in a time period.
Forex is not on a central exchange so it is not possible to get the real volume figure.
In MT4, volume means, how often the price changed in their time period.
Bar 0 is still open, so Volume[0] will change (go up 1, each tick) as the time period progresses
It's not quite this simple though . . .
Price on a chart is drawn by the Bid price, so a tick ( Volume is tick count ) is not only a change in Bid price but can also be a change in Ask price, it has also been stated that a tick can be as a result of other changes in the Symbol parameters but this is not something I have verified for myself.
Normally, volume is the amount of a security traded in a time period.
Forex is not on a central exchange so it is not possible to get the real volume figure.
In MT4, volume means, how often the price changed in their time period.
Bar 0 is still open, so Volume[0] will change (go up 1, each tick) as the time period progresses
It's not quite this simple though . . .
it has also been stated that a tick can be as a result of other changes in the Symbol parameters but this is not something I have verified for myself.
me neither.. actually from time to time I run program to verify tick data, one thing it checks is whether price is static or not, and so far never found it to be
ubzen:
I think raptor was clarifying that although it 'looks' like price hasn't changed, it maybe that there's a new ask, with the old bid, and therefore a new tick, which is normally invisable
me neither.. actually from time to time I run program to verify tick data, one thing it checks is whether price is static or not, and so far never found it to be
ubzen:
I think raptor was clarifying that although it 'looks' like price hasn't changed, it maybe that there's a new ask, with the old bid, and therefore a new tick, which is normally invisable
Yes, one broker's charts that I use routinely show a volume double other brokers'. Simply because this particular broker changes the spread so often.
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Hi,
how could it be, that Volume[0] returns the value 38 pips but the difference between High[0] and Low[0] ist 43 pips.
How could this be?