The Grand Exchange Volume Tracker is a powerful tool recently added by John Gags to the Grand Exchange website. This tool allows players to track the daily trade volume of specific items and analyze the market trends over time. In this guide, we will explore the features of the Volume Tracker and discuss its usefulness for analyzing the economy and making informed trading decisions. Additionally, we will address some known issues and provide tips to avoid common scams and pitfalls.

 

• Accessing the Volume Tracker
• Time Period Limitations
• Interpretation and Analysis
• Recent Example: Necromancy Supplies
• Implications for Trading
• Limitations and Known Issues
• Beware of Lures

 

↖ Accessing the Volume Tracker

To access the Volume Tracker, visit the Grand Exchange website and navigate to the item-specific page. Here, you can view the trade volume for each item, except for bones, which are currently unavailable. The Volume Tracker surpasses the older top RS items trading page in terms of usefulness for analyzing the economy.

 

↖ Time Period Limitations

The maximum time period for which you can view trade volume data on the Grand Exchange is six months. However, by utilizing the RuneScape Wiki charge, you can access trade volume data for several years, depending on the item. Note that the availability of historical data varies significantly between different items.

 

↖ Interpretation and Analysis

The Volume Tracker is a powerful tool for understanding market dynamics, as it enables players to identify trends in supply and demand. By analyzing the trade volume and price fluctuations, you can gauge the popularity of an item, determine the timing of high-demand periods, and anticipate potential price changes.

 

↖ Recent Example: Necromancy Supplies

Using necromancy supplies as an example, we can observe a significant spike in trade volume and rising prices on May 3rd, which coincided with the reveal of necromancy in the game. This pattern indicates increased demand for associated items, such as overload ingredients, subjugation armour, and various types of bones. Understanding such trends can help you make informed decisions when buying or selling items.

 

↖ Implications for Trading

The Volume Tracker can assist players in making strategic trading decisions. If an item's trade volume and price have significantly increased, it might indicate an update or influential YouTube video driving panic buying. Conversely, if you experience difficulties selling an item, panic selling might occur. These insights can inform your trading strategy and potentially lead to more profitable transactions.

 

↖ Limitations and Known Issues

• Low Volume Items: The Volume Tracker may present inaccurate volume data for extremely low-volume items. These items' volume bars on the chart may stack until a sufficient number of trades occur to trigger a price update. The RuneScape team is aware of this issue and is working on a fix, which will likely be mentioned in the patch notes.
• Trade Volume Data Errors: Some instances of missing trade volume data, like the absence of data for June 13th, can occur due to errors during the transfer of information from the Grand Exchange system to the website system. These errors are usually rectified promptly.

 

↖ Beware of Lures

As a cautionary note, be wary of lures related to the demonic skull. Players may attempt to trade you this item while offering supplies or inviting you to a different world. Once outside in the wilderness, you may be automatically skulled, potentially leading to dangerous situations. Exercise caution and be aware of potential scams.

 

Conclusion:

The Grand Exchange Volume Tracker is a valuable tool for RuneScape players looking to analyze market trends and make informed trading decisions. By understanding trade volume and its impact on prices, players can adapt their strategies and take advantage of market opportunities. However, it is crucial to remain vigilant against scams and stay informed about any known issues or updates related to the Grand Exchange. With this knowledge in hand, players can navigate the marketplace more effectively and enjoy a prosperous trading experience in RuneScape.