Forex Software — A question about volume data (Tick volume or total volume)?

Re: A question about volume data (Tick volume or total volume)?

null@example.com (Lagoons) — Wed, 11 Sep 2019 09:13:30 +0000

Thank you Popov.

Your are right, you can't really compare it. But my experience is that regardless of the different volume data provided by the brokers, at least the overall performance is similar.
But you still can't really compare it 1 to 1.

Re: A question about volume data (Tick volume or total volume)?

null@example.com (Popov) — Sun, 18 Aug 2019 09:53:45 +0000

The actual volume values don't matter too much. The relative changes between the bar's volume matters. Anyway, I personally don't use volume indicators because it is not reliable for comparison.

Some authors say that the tick volume is proportional to the real trading volume.

I may only say that the volume range changes without an obvious reason. Probably when brokers change their liquidity providers, it reflects on the volume values.

A question about volume data (Tick volume or total volume)?

null@example.com (Lagoons) — Mon, 20 May 2019 21:38:04 +0000

Hello there,

I've a question about the volume data.
Since my own broker offers not much historical data,
I'm quite dependend on third party data feeds.

And during the search in finding a suitable data feed,
I stumbled upon the different volume information.

When you export the data via JForex you'll get the volume as total volume in millions or so (contract sizes), also Tickstory does this.

I thought, that in MT4 the volume shown, is just as ticks per bar?.

Does anyone know, which data makes more sense, the tick volume or the total volume?