Was trying to work on something and I was stuck because I couldn't really understand what volume on Mt4 platform truly represent . Don't get me wrong, I know volume represents the average trade activities for a particular period of time . But my question, does volume simply represent the number of investors for that period or does it represent the number of investments/trades. To expansiate more, sometimes big players move the market in a direction and inexperienced trades jump into the move thinking it's a new trend , so if volume represents just the number of investors , then it will be easier to spot the divergence between volume and price when the number of investors is not on par with the price spike . But in this scenario if the volume is representing number of investments or trades opened then it will be harder to spot the false moves by big players from volume divergence . I hope I made sense with the explanation, would appreciate any help on this .
