What is Volumes in Metatrader

[shanmugapradeep]

Hello,

I know, the Volume generally mean Lot size in MT4 when we are opening new orders. But what is Volume in chart?

What kind of information or data it shows?. And how it is useful?

 

[Lee-me]

See those ticks on the chart, it's when price changes happened, that's volume for you.

 

[Benjihenco8219]

Price movement

 

[bigdolly]

Hello,

I know, the Volume generally mean Lot size in MT4 when we are opening new orders. But what is Volume in chart?

What kind of information or data it shows?. And how it is useful?

In MetaTrader, "Volumes" refers to the volume indicator, which displays the total number of transactions executed during a specified period. It can be used to analyze market activity and confirm the strength of price movements. I often use volume alongside price analysis to assess the validity of trends and potential reversals.

 

[Ophilia]

Is that the volume traded per candle? Can someone explain?