Question: why does the volume on the 1 min chart is so significantly lower than the day chart? I mean I cross checked it with Tradingview and on the same timings itās totally different. The black is 212 and white is trading view. Close on Friday for Nvidia
Unlike traditional volume, which counts the total number of shares or contracts traded, we display ātick volumeā. This is why the numbers differ when you compare them with Trading Viewās app.
In short, tick volume refers to the number of ticks (price changes) that occur during each candle. The idea behind tick volume is that it similarly represents the market conditions of an instrument because more quotes are being made when more trades occur ā hence, larger volume. Still, our charts and the data we display serve only an indicative purpose.
It would be nice to have share volume, I dont use the T212 charts that much because of little issues like this and keep a TradingView window open instead.
Can we not get this reverted back? This might be the only broker I know who doesnāt use the correct volume?
Why would I care how many times the price has changed within a candle? Could be a buy order for 5k shares at one price and the volume indicator would show 1??? Or I could have 100 diff price changes all for 1 lot each and the volume would show 100?
Would rather the volume worked as expected like on every other broker I shouldnāt have to go on a competitors app to get an avg volume count, this affects indicators as theyāre not getting correct volume
T212 could provide this under a different name. Maybe ātick volumeā or something.
But āVolumeā should be the standard volume as on all platforms. We need to trust the indicators so we can trade based on them. Otherwise, I start to wonder what else might also be different!
Would it be possible for Volume as measured in the traditional fashion to be added as an indicator to be added as itās easier to work with and is consistent with other platform?
The suggestion has been passed along to our development team for consideration. At this point, there arenāt any updates for implementing this indicator, but if there is any news, weāll let you know.
There are no updates or ETA to share at this time, but the team is aware of the request, and itās something weāre keeping in view for future improvements. Weāll keep you posted if there are any changes.