Flying Dutchman

Hahaa, yeah
wasn't me Andy, and not likely
maybe

1. Some brokers provide futures symbols directly in MT5.....like AMP futures
2. Import futures volume data via custom indicators, APIs, or third-party data feeds for MT4
3. Another option is to use the futures chart in TradingView or another platform with CME data subscription and feed the volume data into your algo externally.

The open road in one's motor car. No Lambo though.

NFP friday



USDJPY
GBPJPY
Yesterday's Intra-Session market mechanics, stations, attractors

.

Love your clean charts Kev

Morning all,

Just have a look at Gold chart. As Timeteslls keeps saying station to station, setting liquidity then grabbing liquidity. Toying around the so-called support and resistance...lol. Have a look at how Round Numbers are involved at most of these stations. I had some time today so watched it live starting from Sydney session. Took a trade and grabbed a small piece of the pie. Should or could have taken considered the level after an hour of Tokyo session. The level was created before the 1 hour of Tokyo. I try to stay away in the 1st hour as it gets very random due to less players in the market. Watching the market live gives u so much info. Anyone who uses any indicators will learn about it more and how it behaves. Trade well all.

Good job Whitesta ! Your spot on with your gold observations...
It's highly reactive to the $5 grid as you show on your chart and also on the larger macro level...
the 00-25-50-75-00 dollar levels.
A $5 move on gold is solid

Cheers

The GJ Grid




Now the GJ Grid with a Weekly VWAP attached
Now from a trader in the trenches lol...heres a few hints....

First I dont profess to know everything..I just have alot of hands on experience
and God knows how many hrs of charting behind me..at least 40k+hrs

Centralized vs Decentralized debate is purely "Academic"
IF SETUPS are repeatable, Are clean and VISUALLY identical IT DOES NOT MATTER how the PLUMBING behind the data works or is derived.
YOUR EYES are not deceiving you...You either have a visually identical and repeatable setups or not.

We all know the massive Volume in FX and MT4 is tick volume..BUT that tick volume is 90% correlated to real volume.
And to get nerdy.. The major liquidity providers Tier-1 banks etc are ALL algo connected.

If Spot Gold CFD markets that we see on MT4..If it gets too far away from Gold futures the Algos arbitrage the hell out of the
difference...

SO in easy to understand lingo the Institutional arbitrage FORCES Price Action and by extension VOLUME-WEIGHTED calculations
to MIRROR each other almost perfectly.
THUS a retail platform ends up tracking "TRUE" institutional VWAP incredibly closely

Soooo if ya followed all that you will understand why YES INDEED you can use VWAP on tradingview for CFDs/FX and it will give
highly accurate setups...and the truth is YOU are the VARIABLE not the DATA