Forex volume

 

I have been trying to find here on Forum but i was not able to get any info so i must ask again.

There are so many ideas regarding Forex volume from different people:

For example: \\ Forex is counting the number of executed trades on each broker//


But from what i know, Forex volume is nothing more than thick volume from history of the broker.

In the picture i have attached, there is a 1 min history, and you can see on each 1 minute candle some numbers on the volume column....WHAT ARE THOSE?????  

1. UP AND DOWN counted ticks

2. Executed orders

3. Something else

Files:
volume.png  52 kb
 

A tick is a change of something (usually price). Tick Volume is the count for that bar.

The average per minute will be broker dependent (different broker's same minute) . I've seen 50-350 per minute.

Reason: