are less than.98, in no way means that the interdependence between the volumes is trending down. The reason why they dont place traders during news events is simple. When bullish price action comes with volume, traders pay attention. The Forex volumes indicator registers an unusual activity when compared with the other volume bars. This means the emergence of bulls/bears imbalance, and the strongest signal is the divergence with the volume indicator. Hence, traders use them with a great deal of success.
Forex tick volume
Or, where the smart money buys or sells. Don Worden wanted to see where the market has a large-lot activity. The Chaikin did that forex heat map oanda and from that moment on, traders only sell. Tick volume is where 1 tick equals 1 trade, this means if you see a large volume spike in the market its telling you that a lot of traders either placed trades during the that time period or they closed trades. And as a conclusion. The metatrader 4 volume indicators interpretation is straightforward.