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Date/Time: Wed, 18 Sep 2019 12:26:22 +0000



[Sticky] [Locked] - Sierra Chart Market Statistics Calculations Change

[2019-05-02 02:34:27]
Sierra Chart Engineering - Posts: 76349
Effective April 25, 2019 we made a change with market statistics calculations where when the best bid/ask prices, both go beyond the last trade price, then that is counted as a trade with no volume which then contributes towards the calculations like the TICK. Only when there is a further change in either of those prices and they are beyond the last trade price, will then that also be counted as a trade.

This allows the number of stocks at the open which participate in the TICK and other calculations to be higher and causes greater extremes in the TICK calculation.

We have been monitoring this change and we feel that is a good change since some of you point out that the market statistics calculations that Sierra Chart offers sometimes are different than other services. But we have consistently shown, that the calculations we have been providing are correct. We have written about this extensively. In any case, this change moves more towards the direction of what we can tell our users want.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2019-06-03 14:07:33]
Sierra Chart Engineering - Posts: 76349
The TICKBA market statistics symbols have been discontinued starting this week because the calculation method for those is not the same as the new calculation method and these also no longer provide any additional benefit compared the updated calculation described in the prior post.

You will instead need to use the TICK-NYSE symbol or the ones corresponding to the particular exchange or index you want.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
Date Time Of Last Edit: 2019-08-28 04:25:20

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