Support Board

Date/Time: Sat, 11 May 2024 08:49:20 +0000

Post From: Confusing Uptick Vol Def

[2018-11-09 19:48:09] Link To Thread - Link To Post [Go To First Post]
User50927 - Posts: 90
I do not understand the difference between Uptick Vol and Ask Vol, so I was wondering if you could help me with that. Your website says that "Uptick volume is the volume of trades that occurred at a higher price than before" which suggests to me that it has a value that is >= to the Ask Vol but never lower since all of the Ask Vol trades occur at market and not above. I also read somewhere online that Uptick Vol dates back to the days when highly-granular real-time Ask Vol data was harder to come by and therefore, it is less accurate than Ask Vol since it is just an approximation. Do you agree with that? All I'm trying to do is figure out whether I can gain something by tracking the Uptick Vol in addition to the Ask Vol. Thank you.