DislikedHi NorthTrader, do you have a way to watch actual DOM and Time and Sales for spot forex, or do you mean forex futures?Ignored
The DOM I use is part of the platform which is provided free by my broker (Interactive Brokers). I have no knowledge of MT4, sorry. The DOM, called BookTrader, is pretty good but has one serious limitation. It doesn't show the volume of orders hitting the bid and ask separately, but only the total volume traded at that price. That's because IB's data isn't true tick data, and instead is a series of snapshots containing the accumulated orders within each split-second period. It really would be nice to see the separate bid and ask volume but without switching to Ninja and a better data feed (e.g. Kinetic) it ain't gonna happen. At the moment I'm getting round it by watching a very-low-timeframe chart with volume bars next to the DOM. You can get a pretty good feel for how much volume is hitting the bids and asks just from that.
I'll respond to your next post later... stuff to do now
You reap what you sow.