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Which broker provide "volume" data for MC?


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Which broker provide "volume" data for MC?

  #1 (permalink)
 jiaqiangmit 
Mianyang China
 
Experience: Beginner
Platform: Multicharts
Broker: broker: Oanda
Trading: HSI, DAX, ES
Posts: 84 since Aug 2017
Thanks Given: 18
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Hi guys,
I think I have found what I need.

We know that the Forex market has no volume, and we can use tick count as a proxy of volume. On Multicharts in bar charts, insert the Volume study, we can choose to use "traded volume" or "count tick".

Now Oanda is my broker, their data feed provide the volume information as count tick, and their "volume" is empty or 0.

As Renko is a must of my trade, I need it to show volume. So here comes the problem. On renko charts, the volume can only set to "traded volume", so when inserted the volume indicator, it just shows a line of zero.

To fix this, I think I have three ways to solve this, easy to hard:
1. Find a broker whose data feed (especially for Forex) contains traded volume as well as tick count.

2.Now the data feed of Oanda in "traded volume" is empty, if I can configurate the Multicharts to make the "traded
volume" equals to the "tick count".

3. Ask Multicharts to add traded volume in renko charts.


So for the first two, any suggestions?
Thanks.

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  #2 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
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Regarding any widespread pair alternative 4. is discarding the pool nonsense, using the respective
futures volume instead.

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  #3 (permalink)
 jiaqiangmit 
Mianyang China
 
Experience: Beginner
Platform: Multicharts
Broker: broker: Oanda
Trading: HSI, DAX, ES
Posts: 84 since Aug 2017
Thanks Given: 18
Thanks Received: 10



choke35 View Post
Regarding any widespread pair alternative 4. is discarding the pool nonsense, using the respective
futures volume instead.

How to do that? For instance EUR/USD.

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  #4 (permalink)
 choke35 
Germany
 
Experience: Intermediate
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Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
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jiaqiangmit View Post
How to do that? For instance EUR/USD.

Use 6E volume as your volume indicator.

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  #5 (permalink)
 jiaqiangmit 
Mianyang China
 
Experience: Beginner
Platform: Multicharts
Broker: broker: Oanda
Trading: HSI, DAX, ES
Posts: 84 since Aug 2017
Thanks Given: 18
Thanks Received: 10


choke35 View Post
Use 6E volume as your volume indicator.

thanks, I think in Oanda there is no 6E.

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  #6 (permalink)
 choke35 
Germany
 
Experience: Intermediate
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Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
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jiaqiangmit View Post
thanks, I think in Oanda there is no 6E.

That's the / one difference between bucket shops and exchanges.

6A, 6B, 6E, etc. is CME - regulated trading, real volume, real ticks AND volume that
contains everything there is.

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  #7 (permalink)
 jiaqiangmit 
Mianyang China
 
Experience: Beginner
Platform: Multicharts
Broker: broker: Oanda
Trading: HSI, DAX, ES
Posts: 84 since Aug 2017
Thanks Given: 18
Thanks Received: 10


choke35 View Post
That's the / one difference between bucket shops and exchanges.

6A, 6B, 6E, etc. is CME - regulated trading, real volume, real ticks AND volume that
contains everything there is.

Thanks. Which broker are you using? Oanda's all data are in form of tick count.

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  #8 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558


jiaqiangmit View Post
Thanks. Which broker are you using? Oanda's all data are in form of tick count.

Among others, I'm using IB; but that's not really the nub of the matter.

Even with IB using an additional realtime data feed is needed depending on your trading scenario.

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  #9 (permalink)
 jiaqiangmit 
Mianyang China
 
Experience: Beginner
Platform: Multicharts
Broker: broker: Oanda
Trading: HSI, DAX, ES
Posts: 84 since Aug 2017
Thanks Given: 18
Thanks Received: 10


choke35 View Post
Among others, I'm using IB; but that's not really the nub of the matter.

Even with IB using an additional realtime data feed is needed depending on your trading scenario.

Yeah, technically I need the Renko on Multicharts to show "tick count", or make "traded volume"="tick count" in MC.

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  #10 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,668 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558



jiaqiangmit View Post
Yeah, technically I need the Renko on Multicharts to show "tick count", or make "traded volume"="tick count" in MC.

So (imho) the best you can do is choosing a realtime data feed that provides CME data in MC ...

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Last Updated on December 6, 2017


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