Would it affect demo trading (I should’ve mentioned this was a demo account)? I didn’t think it should but I’m too new to know for sure.
I was always under the impression that volumetric data wasn’t available for forex and that you could gauge open interest from COT reports a day later? Because of your suggestion I decided to check tick volume and was pleasantly surprised to find it reported minute by minute. My newbie head reasons this is the tick volume against my specific broker, that it can report in real time and display on my platform? Again, too new and unsure to nail it.
That gap down earlier happened at a minute past midnight as per MT5 platform (UTC +3). MT5 doesn’t have the option of changing timezones. Perhaps because of day end data reconciliation/reporting the specific tick volume for 00:00 isn’t available. 23:59 = 2 ticks & 00:01 = 3 ticks.
The tick volume when the trade triggered was a more significant 124, at 03:04. The weird thing is that the tick volume the minute earlier, at 03:03, was higher at 172. I believe my buy limit should’ve triggered at the higher volume when it went below price and closed above it.
There is a “Depth of Market” tool offered by MT5 that I think is supposed to display L2 data. But I don’t know if it’s available for FX. To be honest I don’t even know how to read it atm because I never figured I needed it.
You know what? I’m going to ask my broker what’s going on. I’m really curious to know what happened after your anecdote. Thanks so much
Will post an update if and when I get a reply.