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How do a trader knows the volume (liquidity) in MT4 Platform? Is it important?
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- In Forex Platforms
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- Warren
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- 1 year ago
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You can know the volume in MT4 platform by inserting the indicator "Volume". Click Insert>Indicator> Volumes>. Liquidity is always important to reflect the level of market participation in a price action. |
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practically impossible for the retail trader, now a pro who has more access at a wholesale or a bank level would know volume better |
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I disagree strongly with the first 2 posts. You can tell volume in MT4, which is really nothing more than a histogram of the (High - Low) of each candlestick. Now, liquidity and volume should not be interpreted as the same, from a MT4 platform perspective. Again, volume is the PIP volume per candlestick on MT4. Liquidity is the real world supply & demand of a currency pair (actual volume of currency 1 against currency 2, i.e. the EUR and USD). |
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Do you think there is volume in forex? Since it is not a centralised market like the stock exchange it is difficult to know the volume in forex. |
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