easy · Volume Price Analysis

What is 'Tick Volume' and why is it used as a proxy for actual volume in Forex?

  1. It counts the number of price changes per period and correlates highly with actual volume
  2. It is a lagging indicator calculated from the Relative Strength Index
  3. It is an automated tool used to predict central bank interventions
  4. It measures the specific dollar amount of each transaction in the interbank market

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