Volume does not exist in Metatrader?

is this true?
only ticks per minute?

so Accum Dist indicator is invalid correct?

Trading platforms display whatever the broker feeds into them.

It’s about the broker, not the platform.

If you’re trading spot/CFD, that’s obviously a decentralized market so the only “volume” (or “tick-count”) any broker can supply is the volume (or tick-count) of their own other customers - which can’t realistically be of much - if any - value to anyone’s trading decisions.

The reason for all of that, of course, is that if you’re “trading” spot/CFD, you’re not actually trading at all: you’re betting against a counterparty on the price-movements of the counterparty’s own product: your “trade” isn’t in a market at all, and no currencies change hands. This is true even of “STP,” and “ECN” and “NDD” brokers, too, though they often pretend otherwise in the (realistic!) hope that at least some of their customers are naïve enough to believe that they’re not just betting against a counterparty but are actually “trading”.

“Invalid” regarding the actual volumes transacted in any real market, yes. Including any indicator that depends on either volume or tick-count.

Many aspects of information supplied by spot/CFD brokers, and the ways they’re used and displayed, are invalid.

We are betting, not trading.

There’s nothing wrong with that, at all, but it helps not to imagine that it’s real trading when it isn’t.

And a Happy New Year to you, eurgbp. :sunglasses:

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what metatrader broker is legit then? none then?

What do you mean by “legit”? In my opinion many are. Especially those regulated by proper regulators who keep them “legit,” such as FCA, ASIC, etc.

But even so, don’t imagine, when using them for spot/CFD forex, that you’re actually trading in a real market and that currencies are trading hands each time you enter a trade. That’s completely mistaken!

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you are a bit of a buzz kill depressing, cheer up

Lol, you thought no brokers were legit, and I’m reassuring you that many are, but I’m the buzz-kill? :sweat_smile:

Same to you, and a very Happy New Year, too! :+1:

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mr buzz killington, happy new year to you too sir

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Yes, for spot/CFD trading, true market volume isn’t available; brokers provide tick counts based on their own data. Thus, indicators like Accumulation/Distribution may not reflect real market activity or volume accurately.

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No, that’s not entirely true. The Accumulation/Distribution (Acc/Dist) indicator is still valid, even if you measure ticks per minute. The Acc/Dist indicator tracks volume and price movements to determine the cumulative flow of money into or out of an asset. It remains useful for understanding market sentiment, regardless of timeframes or tick data.

No. You’re completely wrong, as so often. It IS entirely true.

Exactly. But you seem weirdly not to understand why a volume-tracking indicator can’t help, when there’s no volume to track?!

It’s not because “volume does not exist in Metatrader” as stated in the title. It’s because volume doesn’t exist in the retail spot forex/CFD market. Period. It’s all been explained entirely correctly, above.

All was well, here, until you added your customary misinformation. :grimacing: :face_with_spiral_eyes:

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Bots can paste nonsense in to the forum, but their understanding-level isn’t anything to be proud of. The Moderators have now very kindly kicked it out, since you posted. Thanks all round! :grinning:

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MT4 does have volume indicator i often use that for my trading and thats the only indicator i suggest traders use

In MetaTrader, Volume refers to tick volume, not actual market volume. For real market data, you’d need a platform offering order flow or Level II data.

It does indeed.

But what’s the so-called “volume” it’s displaying? What’s its input?! :roll_eyes:

Have you actually read the posts above at all?! :roll_eyes:

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You don’t need order-flow to measure and display market volume.

You don’t need Level II data to measure and display market volume.

All you need, to display market volume, is a MARKET!!

For heavens’ sake, people, why is this so difficult to understand?!

The misinformation just piles up, higher and higher.

Sorry if I sound argumentative, but it’s over such a simple and factual point, and it’s really getting out of hand!! How can the forum ever help aspiring traders, if it just fills up with nonsense?! :scream:

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It can’t, obviously. But honestly what can you expect, when three of the posters above are obvious bots, and that’s so common, here? In some Babypips threads the genuine members are even outnumbered by them!

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Volume in MetaTrader shows tick volume, not actual traded volume, still useful, but not the full picture.

Not the MARKET’S tick volume, though, because there isn’t a market. It’s only the tick-volume of that individual broker’s own customers. That’s why it’s (often wildly) different, from one broker to another.

To you, possibly (allegedly). Not to anyone who actually understands what it is! :rofl: