Home Stock Market Actual quantity vs tick quantity

Actual quantity vs tick quantity


Tick Quantity, the amount you see in your MT4/MT5 terminal by urgent Ctrl+L, is the sum of value adjustments inside a selected value bar/candle. It does neither comprise the route of the commerce behind this value change, nor the dimensions traded at this explicit value. It is simply the sum of value updates coming in at your terminal. So with each value change in your chart, you will see the tick quantity depend +1.

The foremost downside is that this tick quantity differs considerably between numerous brokers. We monitored that with a device prior to now and concluded that you simply get extra ticks the nearer you’re to the true interbank market information feed. In different phrases, the less ticks you get, the extra your information feed is filtered (or finally manipulated) as a result of your dealer drops value adjustments, and you’re lacking invaluable information. If you happen to like to match it your self, use a daily market maker buying and selling account and examine it with a direct market entry account.

The results of these variations between brokers is that if the tick quantity varies all indicators primarily based on this information will give you completely different outcomes for every dealer. 

So how can one depend on this information if it exhibits utterly completely different outcomes on completely different brokers that every one mirror the identical buying and selling market? 

Easy reply, you possibly can’t, and that is why tick quantity is ineffective in our opinion as a result of each technique containing this information may work on one dealer however will present utterly completely different outcomes on one other dealer. 

From my viewpoint, tick quantity has nothing to do with quantity in any respect.

Actual buying and selling quantity, as we offer with FX Volume, is a complete completely different story.

Since October 2018, our servers analyze and report actual retail buying and selling quantity information feeds from a number of completely different sources all all over the world. The information is from many brokers all throughout the globe. Foreign exchange is a decentralized market, and we collect what we get. 

In 2020 we recorded and analyzed a complete buying and selling quantity between 250,000 and 1,000,000 heaps in real-time. 1 Lot is the same as a contract dimension of 100.000 within the corresponding foreign money. So we’re analyzing at the moment a buying and selling quantity of round and USD in unleveraged buying and selling positions. Nonetheless a small a part of this multi-billion greenback market, however it offers glorious perception, and you’ll instantly see in your charts how value and quantity correlate. 

This uncooked, actual buying and selling quantity comprises in-depth buying and selling info together with the route and dimension of the trades which can be at the moment open in any buying and selling pair and primarily based on this detailed info we will calculate a volume-weighted index for the eight most necessary Foreign currency trading currencies.

One other necessary advantage of FX Quantity is that you simply at all times get equivalent outcomes throughout all terminals and brokers you utilize. So if you happen to embrace this invaluable info into your buying and selling technique on dealer one, you will get the identical outcomes on dealer two as properly, and that is what counts.  


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