[MT4] 6# Volume Spread Analysis

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Volume indicator analysis
Submit by Forexstrategiesresources

Volume is the major indicator for the professional trader.

You have to ask yourself why the members of the self-regulated Exchanges around the world like to keep true volume information away from you as far as possible. The reason is because they know how important it is in analysing a market!

The significance and importance of volume appears little understood by most non-professional traders.

Perhaps this is because there is very little information and limited teaching available on this vital part of technical analysis. To use a chart without volume data is similar to buying an automobile without a gasoline tank.

Where volume is dealt with in other forms of technical analysis, it is often viewed in isolation, or averaged in some way across an extended timeframe.

Analysing volume, or price for that matter, is something that cannot be broken down into simple mathematical formulae.

Source: https://www.forexstrategiesresources.com/metatrader-trading-system-mt4/6-volume-spread-analysis/