Forex volume on the xStation platform XTB
Dom Maklerski X-Trade Brokers introduced an interesting novelty to the proprietary xStation platform, which will please a wide group of traders - the volume of Forex. The indicator in the form of an addition to xStation shows us the so-called real volume on selected instruments (list below). It is also enriched with features to help you read and interpret the volume.
Read: Review of the XTB xStation 5.0 trading platform
Showing the volume lower than the two previous candles / bars gives you the opportunity to check whether market activity is expiring.
A weakening volume in the correction may mean that it may soon come to an end.
Access to the volume
The real volume is available on Live account. On the demo account, the values presented by the indicator are the number of ticks. The list below includes instruments that are included in the calculation of the real volume.
Currency pairs:
- EURUSD
- USDJPY
- AUDUSD
- NZDUSD
- GBPUSD
Stock indexes:
- US.30
- US.500
- US.100
- DE.30
CFD for goods and bonds:
- NATGAS
- OIL.WTI
- CORN
- SOYBEAN
- WHEAT
- TNOTE
- BUND10Y
- SCHATZ2Y
How Forex Volume is Calculated
The real volume is calculated based on the values indicated by the selected reference institutions. Volume values nie they correspond to real values, and their aim is only an indicative indication of real, mutual relations in the volume of turnover.
Forex volume - does it make sense?
This issue has always aroused controversy. He has as many supporters as opponents. Some stubbornly claim that, firstly - it does not give anything, secondly - we will never get the total volume, which will provide us with reliable information on the market situation. The other party is of the opinion that even a partial volume is a source of information that represents a significant part of the market (depending on its source) and when skillfully used, it can be a brilliant tool to support trading.
Read: What is volume in the Forex market
Which group is right? Well ... Remember that even the best tool has to be in the right hands to be effective.
interesting solution. practice will show if it works
I've been using it for over a month and it helps a lot for me. It is known that all information is not on the tray, but even a part of it can be used if you know how
A pointer to extract information from a pseudo volume, I am referring, among other things, to XTB in this post.
http://levelwander.blogspot.com/2017/08/54-tajemnice-pseudo-wolumenu.html
Al menos XTB creo que es el ÚNICO o uno de los pocos que nos brinda tal información, me parece muy bueno de su parte que incorporen este volumen que es mucho más confiable que la mayoría en mercado forex