Hi everyone,
Just downloaded historical data from dukascopy, but when I plotted Volume against time, I think there are a few irregularities and problems in the data. I donwloaded 5 minute bar data of BID prices from 01.01.2013 to 31.03.2017 for EURUSD pair. I have attached the plot of Volume data of BID bars below.
For example, there is a a huge cluster of spikes in volume around the beginning of July 2014 and another cluster around September 2016. Apart from these clusters the volume…