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Date/Time: Thu, 18 Apr 2024 21:24:02 +0000



Post From: Trade Intensity/Pace of Tape indicator for SierraChart?

[2013-04-08 00:49:33]
ganz - Posts: 1048
hi

tomgilb, Tom, thanks a lot for the assistance

pe1111112

What exactly is that "speed of tape" study measuring?

SoT = NumbersOfTrades / Bar Time Duration

it seems if the time on a bar is 0 seconds, the speed of tape indicator returns a value of zero, too. This value should be a spike instead since it means the orders were coming so fast that the bar took less than 1 second to form.

it uses DB w time stamps as low as 1 second

i'm sorry but i don't understand how you are able to create a bar w 0 seconds resolution - using SC it will be always w 1 second or more by design at this moment, imho

ps: try to use non-time based bar charts w it

gd lck
Date Time Of Last Edit: 2013-04-08 01:09:03