Support Board
Date/Time: Wed, 14 May 2025 08:20:39 +0000
Post From: Bid, Ask and Last driven chart.
| [2016-04-21 05:06:27] |
| User760942 - Posts: 120 |
|
How is 1 Tick Bid Bars and 1 Tick Ask bars any different than -BID and -ASK documented here: https://www.sierrachart.com/index.php?page=doc/doc_RecordingModes.php Here is the difference: The -BID and -ASK do not include any data that happens in between trades. The 1 Tick Bid Bars do include all changes to the Bid Price and/or Bid Volume that happened on or in between trades. The 1 Tick Ask Bars do include all changes to the Ask Price and/or Ask Volume that happened on or in between trades. Those other programs certainly cannot obtain this data historically. It is not available. Multicharts allows one to record this data themselves or download it from their broker's servers. I have downloaded this data into multicharts from Amp Futures's servers. I'm guessing AMP would allow Sierrachart users to do the same. Ninjatarder allows users to record this data themselves or download it from their paid ($55 a month) kinetick.com services or download it from their Continuum server if you have a live ninjabrokerage account. So we really are not sure what Sierra Chart is missing here compared to the other programs. And would seem a simple matter to make minor changes to do what the other programs are doing once we understand exactly what that is. Here is what I suggests regarding getting this data into Sierrachart (note: Its very important you support real milliseconds (or even microseconds or nanoseconds) rather then "counter milliseconds" so this data can be kept in synch on a subsecond level) At a minimum: -Allow users to import it from .CSV/.TXT files -Allow users to record it from live incoming data Would be nice, but not required: -Allow users to download it from the servers of any brokers who offer it (such as AMP) -Start recording it yourselves and let users buy/download it from you for an additional monthly fee (Id definitely be happy to pay extra per month for it.) Here is what I suggests regarding accessing/using this data once it is in Sierrachart (FYI: The following description is very similar to how the other trading platforms i mentioned do this.) -In the area pointed to by the red arrow in attached 1.jpg add a dropdown that lets the user select one of the following: LAST, BID, ASK or MID. Their selection will determine if the "Intraday Chart Bar period" (pointed to by the blue arrow) will be based on the LAST, BID, ASK or MID. -All options in the "Intraday Chart Bar period" will remain the same if BID, ASK or MID is selected (instead of LAST) except for the option pointed to by the green arrow in 1.jpg. If BID, ASK or MID is selected the option pointed to by the green arrow in 1.jpg will say "Number of Ticks" per bar rather then "Number Of Trades Per Bar" Date Time Of Last Edit: 2016-04-21 05:09:14
|
| Attachment Deleted. |
1.jpg