A common frustration for forex traders is that real volume information for currency trades is hard to come by for the market. FXCM now offers a solution! The first real forex volume and transactions indicators are here.

Until now, other forex volume indicators have only shown tick volume, only part of the story with nothing about actual order flow. Now, FXCM's Real Volume and Transactions Indicators bring a pair of critical indicators to your charts, giving you the complete picture.

In the 5-minute chart above you can see how much volume surged during the ECB announcement on June 5th. I imagine we could see a similar surge in trading for FOMC this week.

The groundbreaking Real Volume/Transactions indicators display real trade volume and number of transactions from FXCM's clients around the world, giving you the advantage of a deeper look into the market.

The Real Volume Indicator shows the total volume of live trades during a specified period. Total volume is calculated from the sum of individual transactions. For example:

  • Client A buys 10K EUR/USD, sells 10K EUR/USD = 20,000 in volume
  • Client B buys 10K EUR/USD, buys 20K EUR/USD = 30,000 in volume
  • Total Real Volume = 50,000

The Transactions Indicator shows the sum of individual tickets executed during a specified period. For example:

  • Client A opens 10K EUR/USD, closes 10K EUR/USD = two transactions
  • Client B opens 10K EUR/USD, closes 5K EUR/USD, closes 5K EUR/USD = three transactions
  • Total Transactions: Five

The Real Volume/Transactions indicators work on multiple timeframes: m1, m5, m15, m30, H1, H2, H3, H4, H6, H8, D1, W1 and M1. You can use these indicators with 14 currency pairs: EUR/USD, USD/JPY, GBP/USD, EUR/JPY, AUD/USD, GBP/JPY, USD/CAD, AUD/JPY, USD/CHF, EUR/CHF, NZD/USD, EUR/AUD, EUR/GBP and EUR/CAD.

You can now download the beta release of FXCM's Real Volume and Transactions Indicators at FXCMapps.com