Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Newbie Questions
Tick volume graphic
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Enivid, post: 147727, member: 1"] The difference is quite significant indeed. The candle chart is the price chart - it shows some information about the price. Consider the following example: [ATTACH=full]12768[/ATTACH] The latest candle - the bearish one - opened at 1.33313, closed at 1.33295, had the highest price of 1.33317 and the lowest price at 1.33293. The tick volume chart shows how many times did the price update during a period. A price update is called 'tick' in trading. The only other thing it tells us about price is whether the respective price chart candle was bearish or bullish - the volume histogram changes color - green for bullish, red for bearish (by default): [ATTACH=full]12769[/ATTACH] In the example above, we see that the price update 101 times during that period (M1 or 1 minute). Some traders like to get info about trading activity from tick volume - more price updates, the more active trading is. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…