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Application of Volume in Forex

  • #121
  • Feb 2, 2009 1:26am Feb 2, 2009 1:26am
This first picture is of product e-signal sells, I demo-ed along with their normal program, and compared their combined broker feed [A0-FX] to their other, single broker feeds. There was some differences between some, but not much with the big brokers like Gain and Hots.

As you can see in the second picture the metatrader Gain/Forex.com feed is just as clean as E-signals combined one, actually E-signals feed tends to reduce the visual standout of the peeks.

Dean.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: fxdd-2.gif Size: 41 KB
Click to Enlarge Name: EUR A0-FX_GAIN comparison 1 min.gif Size: 45 KB
perception is reality
  • #122
  • Feb 2, 2009 5:27am Feb 2, 2009 5:27am
Thanks for those images Dean. Would you mind posting a comparison of daily data too.

Thanks.
  • #123
  • Feb 3, 2009 12:05am Feb 3, 2009 12:05am
Quoting DynamicFx
Thanks for those images Dean. Would you mind posting a comparison of daily data too.

Thanks.
Sorry my 30 day trial ran out in November. You can sign up and before 30 days if you are not happy just cancel and you get a refund for the standard product, but no refund on any extras you added.
perception is reality
  • #124
  • Feb 6, 2009 8:51am Feb 6, 2009 8:51am
I have esignal the 1 month expires soon. Do you guys know how much is a basic cqg package with forex volume data?
Just joking..
  • #125
  • Feb 7, 2009 12:36am Feb 7, 2009 12:36am
Quoting pedro13
I have esignal the 1 month expires soon. Do you guys know how much is a basic cqg package with forex volume data?
CQG is a professional data feed, when esignal is not and its monthly price is about $600-1000, i dont remember the exact number.
  • #126
  • Feb 8, 2009 12:50am Feb 8, 2009 12:50am
Quoting denbur
CQG is a professional data feed, when esignal is not and its monthly price is about $600-1000, i dont remember the exact number.
Thanks Denbur, wow it seems like I have to work on my technique quite a bit before I can consider signing up with cqg
Just joking..
  • #127
  • Feb 8, 2009 2:26am Feb 8, 2009 2:26am
Quoting deanz
This first picture is of product e-signal sells, I demo-ed along with their normal program, and compared their combined broker feed [A0-FX] to their other, single broker feeds. There was some differences between some, but not much with the big brokers like Gain and Hots.

As you can see in the second picture the metatrader Gain/Forex.com feed is just as clean as E-signals combined one, actually E-signals feed tends to reduce the visual standout of the peeks.

Dean.
Hello Dean

How do you get Gain in Meta trader? Gain removed volume from their "Forex Trader" platform also Gain provides esignal platform for its live traders but without volume...

Regards
The Market pays you to be disciplined
  • #128
  • Feb 8, 2009 2:31am Feb 8, 2009 2:31am
Quoting arthurb
hi folks,



i dont want to be contrarian, but i do think that are some things you can trust, the things that give you trust, the things you believe that works and that's all you need, since you never know the truth about why the market
moves this way or that way

My understanding of VSA is that trader doesnt need to know why proffesional money is moving on certain way. Trader should be able to read chart( volume and bars) in order to folow professional money....
The Market pays you to be disciplined
  • #129
  • Feb 8, 2009 11:27am Feb 8, 2009 11:27am
Quoting denbur
you should make some effort

got here: http://kb.esignalcentral.com/
search for "GTIS FOREX"
Hello

Iam not lazy to look myself just I didnt know what to look for. My search didnt give result...Thank you for tip.
The Market pays you to be disciplined
  • #130
  • Feb 9, 2009 3:09pm Feb 9, 2009 3:09pm
Quoting mima
Hello Dean

How do you get Gain in Meta trader? Gain removed volume from their "Forex Trader" platform also Gain provides esignal platform for its live traders but without volume...

Regards
Here you go :-)
Attached Image (click to enlarge)
Click to Enlarge Name: ClipBoard-1.png Size: 43 KB
perception is reality
  • #131
  • Feb 11, 2009 6:37pm Feb 11, 2009 6:37pm
Hi denbur
I want to give big thanks to you.
as a forex trader for 6 years.
I never paid any attention on "volume"
but after read over this threat and read Tom williams's book.
I have another clear view On trading.
it really makes my trading skill in much much progress.
Now I can read chart better and realize what market is doing .
Following the market's rhythm with more confidence.
It is a great and amazing feeling.
Thank you all for this good threat.
  • #132
  • Feb 17, 2009 7:47am Feb 17, 2009 7:47am
Hi Denbur,

Thank you for sharing. I recently commenced research on Volume Spread Analysis and have read Tom Williams book "Master The Markets." Great stuff. Looking forward to learning and contributing to this thread.

Happy trading

fxpilot
  • #133
  • Jun 21, 2009 10:04am Jun 21, 2009 10:04am
Quoting denbur
today i was asked what i think about math formulas and why so many people can't get success with using them.

and another question was:
"I do not think it is hard for big players to forge different buy/sell/continuation signals on popular technical indicators, how can we not get cheated or trapped?"

I will give my opinion based on what i saw happening.

I know as fact that big players are facilitating technical indicators. there are books on technical analysis that were "sponsored" by big companies. one example is FXCM, their Kathy...

Why isn't this thread still alive! I liked what you had to say here. However, Kathy and Boris once did a signal service which was terrible, more wrong than right. Kathy may write about TA but not sure she actually trades (Like many other FX 'Gurus' such as Peter Bain). So, although I support your theory to some extent, I don't think the signal service did Kathy any favours with her credibility as an FX analyst. Most analysts can't trade thats why they are analysts feeding the masses with misinformation.
  • #134
  • Sep 21, 2009 3:03pm Sep 21, 2009 3:03pm
Denbur,
thank You.

I just found that this is nice place to learn VSA also.


Thank You.

Best,
Tom
  • #135
  • Jul 10, 2010 8:24am Jul 10, 2010 8:24am
Hello Denbur, what charting package are you using to obtain you volume readings for forex? Also, do you ever find any discrepancies in volume readings, considering the decentralized nature of the currency markets? I am currently looking for a reliable charting package for volume, any suggestions?
  • #136
  • Jul 11, 2010 2:21am Jul 11, 2010 2:21am
Quoting beaman20
Hello Denbur, what charting package are you using to obtain you volume readings for forex? Also, do you ever find any discrepancies in volume readings, considering the decentralized nature of the currency markets? I am currently looking for a reliable charting package for volume, any suggestions?
IMHO eSignal is probably the best as they get a feed that includes about 300 banks. Because forex is decentralised without a single market you will never get it all, but this is about the best. Be aware that forex volume is tick only, not true volume, but it seems to work pretty well as a proxy for true volume.
  • #137
  • Jul 12, 2010 11:52am Jul 12, 2010 11:52am
Quoting beaman20
Hello Denbur, what charting package are you using to obtain you volume readings for forex? Also, do you ever find any discrepancies in volume readings, considering the decentralized nature of the currency markets? I am currently looking for a reliable charting package for volume, any suggestions?
You can also just use MT4 volume (it's free). FXCM and FXDD volumes are pretty close to esignal...you can also check below thread for all things volume.

http://www.forexfactory.com/showthread.php?t=241760
  • #138
  • Jan 18, 2011 10:33am Jan 18, 2011 10:33am
Quoting TC East
You can also just use MT4 volume (it's free). FXCM and FXDD volumes are pretty close to esignal...you can also check below thread for all things volume.

http://www.forexfactory.com/showthread.php?t=241760
Hi all,

When you refer to MT4 volume, are you referring to the "Volumes" indicator that you can easily add to any chart? I've included a snapshot.

If so, does this volume actually reflect the TICK VOLUME of my broker? (I'm trading Forex).

Thanks for any insights.
Attached Image (click to enlarge)
Click to Enlarge Name: MT4 volume.png Size: 40 KB
  • #139
  • Last Post: Jan 18, 2011 11:07am Jan 18, 2011 11:07am
Quoting userkenneth
Hi all,

When you refer to MT4 volume, are you referring to the "Volumes" indicator that you can easily add to any chart? I've included a snapshot.

If so, does this volume actually reflect the TICK VOLUME of my broker? (I'm trading Forex).

Thanks for any insights.
Yes, it actually reflects tick volume.
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