Non Non Sense Forex Looking For Volume Indicator
High volume especially near important market levels suggests a possible start of a new trend while low volume suggests traders uncertainty and or no interest in a particular market.
Non non sense forex looking for volume indicator. In forex volume data represents total number of quotes for the specified time period. There are three types of forex trend indicators you need to be on the lookout for. We need volume and we re not getting good trade entries without it.
Get yourself a forex volume indicator. Find one that. This video was made for traders who have gone through all of the material so far.
For traders in the stock market looking at volume is a natural step after looking at price. Why do no other forex indicators come close to the atr. It will explore the forex metatrader 4 volumes indicator how to trade with the volumes indicator how to use volumes with other indicators and more.
This post is a response to all of the questions coming in on how to properly backtest all of the new indicators that listeners of the forex q a podcast have been discovering. It is a community full of traders who trade our way and they can be very helpful if you ask good questions. Forex volatility indicators are now in play as they attempt to do the same thing for us that volume indicators do.
Volume indicators are used to determine investors interest in the market. The ones that succeed however still need other indicators to go with it before best being able to determine which way price is heading. Most of them try to better predict if price is going long or short.
Please do not throw basic questions at them or questions which are already covered in the material. Neither one is better or worse than the other you can find great examples and terrible examples for each. I feel bad for trend traders who don t have a good volume indicator.
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