Forex volume on the xStation platform XTB

Dom Maklerski X-Trade Brokers introduced an interesting novelty to the proprietary xStation platform, which will please a wide group of traders - the volume of Forex. The indicator in the form of an addition to xStation shows us the so-called real volume on selected instruments (list below). It is also enriched with features to help you read and interpret the volume.

 Read: Review of the XTB xStation 5.0 trading platform

Showing the volume lower than the two previous candles / bars gives you the opportunity to check whether market activity is expiring.

A weakening volume in the correction may mean that it may soon come to an end.

Access to the volume

The real volume is available on Live account. On the demo account, the values ​​presented by the indicator are the number of ticks. The list below includes instruments that are included in the calculation of the real volume.

Currency pairs:

• EURUSD
• USDJPY
• AUDUSD
• NZDUSD
• GBPUSD

Stock indexes:

• US.30
• US.500
• US.100
• DE.30

CFD for goods and bonds:

• NATGAS
• OIL.WTI
• CORN
• SOYBEAN
• WHEAT
• TNOTE
• BUND10Y
• SCHATZ2Y

How Forex Volume is Calculated

The real volume is calculated based on the values ​​indicated by the selected reference institutions. Volume values nie they correspond to real values, and their aim is only an indicative indication of real, mutual relations in the volume of turnover.

Forex volume - does it make sense?

This issue has always aroused controversy. He has as many supporters as opponents. Some stubbornly claim that, firstly - it does not give anything, secondly - we will never get the total volume, which will provide us with reliable information on the market situation. The other party is of the opinion that even a partial volume is a source of information that represents a significant part of the market (depending on its source) and when skillfully used, it can be a brilliant tool to support trading.

Read: What is volume in the Forex market

Which group is right? Well ... Remember that even the best tool has to be in the right hands to be effective.