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Volume measure in foreign exchange market?

I trade the foreign exchange market. I have a friend who trades the US stock markets.

Everytime we have lunch, he shows me a bar chart that measures current volume for any given stock. It’s not an oscillator, it’s an old fashioned bar chart, the higher the volume the higher the bar.

I would love to have such a thing for my foreign exchange. Does anyone know if such a bar chart indicator exists for the foreign currency market?

Specifically for the GBP/JPY.

I use Metatrader 4 charting. It has a bar chart for volume. The catch is that its the volume of which ever broker that provides the charting demo.The charting is free so you dont have to be the broker customer. It provides volume in all timeframes and has a "History Center" that provides volume history which is downloadable for back testing. There are hundreds of custom indicators available at many websites.

This entry was posted on Tuesday, March 16th, 2010 at 4:02 pm and is filed under Foreign exchange trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Volume measure in foreign exchange market?”

  1. ? Says:
    March 16th, 2010 at 9:13 pm

    I use Metatrader 4 charting. It has a bar chart for volume. The catch is that its the volume of which ever broker that provides the charting demo.The charting is free so you dont have to be the broker customer. It provides volume in all timeframes and has a "History Center" that provides volume history which is downloadable for back testing. There are hundreds of custom indicators available at many websites.
    References :
    I have used MT4 for 4 years as an FX daytrader.

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