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Bid and Ask

Bid is the price at which a trader is willing to buy security. It is also called demand price and usually reports also the amount of the security the trader is willing to buy. Ask is the price at which a trader is willing to sell a security. It is also called offer price and usually reports also the amount of the security the trader is willing to sell.



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[top]Persistent Bid/Ask Data and Studies
Some charting applications, such as NinjaTrader, do not store Bid/Ask data in their database. This means historical bid/ask data is not available for studies/indicators/strategies. Other applications, such as MultiCharts, do store the data.

Gomi has created a set of tools called GOMRecorder which allows NinjaTrader indicators to persistently store bid/ask data.
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Price and Order Types

Contributors:  Big Mike ,  LukeGeniol 


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