Tick volume vs Real volume - page 2
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it is possible...and makes sense,
but please see the tick data at the link: http://www.dukascopy.com/swiss/english/data_feed/historical/
i'm not sure if the data is reliable, but it is what makes me think that the real volume must be available in Forex, too.
That's the volume of the particular broker. It doesn't tell much about the Forex market volume.
Yes it is. But, one broker's feed is pretty enough for me.
And I know that an info from just one broker can't explain the whole market microstructure. However, it can be useful for statistical analysis, anyway. For example, in tick-by-tick analysis of spread. spread also changes from one broker to another so it is not a problem.
And theoretically, it is a random sample from population. it must carry the market's properties within. so perhaps, it doesn't tell much, but it tells something (especially about microstructure).
The thing is that those properties were available in mql5 but removed. Now, I look for some substitution.
it is possible...and makes sense,
but please see the tick data at the link: http://www.dukascopy.com/swiss/english/data_feed/historical/
i'm not sure if the data is reliable, but it is what makes me think that the real volume must be available in Forex, too.
I went and check your link out. I downloaded their feeds. I noticed a "Ask Volume" and "Bid Volume" column which is weird...how can you have two volumes on one instrument AND relate them to bid and ask? Probibly the volumne the broker received on these two respectivally from traders? Anyway I remeber bothering on this tompic a year or two back and came to the conlusion I mentioned above. There are no real forex volume because the markets are not centralized. I went on a googled for you and check the two links (of many) out:
"Anyone that knows what the volume indicator is and how the forex market works will quikly realise that there is no such thing as volume for forex. The closest thing would be using futures volume as a proxy for forex volume but once again that would not be volume in its pure sence(for forex). In regard to MT volume that is a pretty worthless toll. The volume on MT is being calculated on ticks for a specific time frame and not on the number of contracs traded. The more ticks the higher the volume. To me this info is mesleading and does not hold any real value."
from: http://www.forexfactory.com/showthread.php?t=12036
"Hi buddy,
due to the decentralized nature of forex, there is no real volume. The best volume you can get is only your broker's.
Do read my article on what forex is at my forex learning blog to understand more.
Source(s):
http://www.thegeekknows.com/2010/04/what…"
from: http://answers.yahoo.com/question/index?qid=20100416034259AALH8aT
Yes it is. And I know that an info from just one broker can't explain the whole market microstructure. However, it can be useful for statistical analysis, anyway. For example, tick-by-tick analysis of spread. spread also changes from one broker to another so it is not a problem.
And theoretically, it is a random sample from population. it must carry the market's properties within. so perhaps, it doesn't tell much, but it tells something (especially about microstructure).
The thing is that those properties were good for mql5.
I always say if something works it works for a reason...if it works for you use it. I always wonder why I havn't gone into stock in the first place it looks so easy with that true volumes :(
it is possible...and makes sense,
but please see the tick data at the link: http://www.dukascopy.com/swiss/english/data_feed/historical/
i'm not sure if the data is reliable, but it is what makes me think that the real volume must be available in Forex, too.
guys,
im sorry but i didnt understand the conclusion
im looking for number of shares traded in a bar/period for stock markets
so, the question is:
real volume is already the number of shares or it is a kind of total volume traded, ie, the sum of prices x quantity of shares of each transaction?
best regards