Date/Time: Mon, 02 Oct 2023 01:38:10 +0000
Post From: Questions regarding additional data arrays
|ondafringe - Posts: 236|
Number of trades tells you the "actual" number of trades made during that bar.
Volume tells you the "actual" number of contracts traded during that bar.
If there were 100 trades made with a volume of 1000, each individual trade would represent anywhere from 1 to n contracts traded. So it could be that 10 contracts were traded for each of the 100 trades, for a total volume of 1000, or it could be any number of other possible combinations.
A good way to see this is to open the Compact Tool Values Window: "Window > Show Compact Tool Values Window" and place your cursor over a bar.
You should see the total volume for that bar, the number of trades it took to achieve that volume, and the total number of contracts traded at the bid/ask, where the total bid/ask volume equals the total volume.
An explanation of up/down tick volume can be found with a Google search.
You can't spoof "actual."