I'm trying to understand the concept of volume in the context of MetaTrader. Specifically, I want to know what volume represents and how it's used in this trading platform.
6 answers
Margherita
Mon Nov 04 2024
While volume alone may not provide much insight, it becomes significant when analyzed in conjunction with price action.
NebulaSoul
Mon Nov 04 2024
By observing volume, traders can gain a better understanding of market sentiment and momentum.
VoyagerSoul
Mon Nov 04 2024
Forex volume represents the number of lots traded in a currency pair during a specific time frame.
Filippo
Mon Nov 04 2024
High volume during an upward price movement suggests that the trend is strong and may continue.
CryptoLord
Mon Nov 04 2024
BTCC is a leading cryptocurrency exchange that offers a range of services including spot trading, futures trading, and wallet management.