In QuoteManager / MultiCharts I've got my data collection set to record 'All' which includes bid/ask, and I 'connect' to symbol and load QuoteManager on startup (it runs 24/7), so I think I am good and am recording all the info.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
Thats fine.......I did notice that MC has an option to record Bid/Ask..I think MarketDelta and perhaps Investor R/T have the same feature....I use GomRecorder to record this data in Ninja (thanx Gomi!).......but from what I got so far all the historical Bid/Ask data is something that the user should create/maintain.....it looks to me that data feeds do not offer this service.......
From what I understand the issue is that the CurrentBid/Ask is being read asynchronously. So the possibility exists for these to change while processing the incoming ticks. TS Support confirmed the issue and said they planned to address it in 6.0 (Release version, not beta).
Don't have enough posts to insert a link but a search of "IntraBarPersist" will most likely find the 3 page thread.
Last edited by sandie; April 13th, 2010 at 08:21 AM.
Favorite Futures: Gameplay KlownbineŽ Trading of Globex
Posts: 1,276 since Jul 2009
Thanks: 1,227 given,
Bid Ask Indicators and Mulitcharts
There has been some ambiguity in previous posts. I just want to clarify that, for it to be possible for indicators like the volume ladder and buy sell volume to work properly, the charting application does not need to provide bid ask SIZE.
What you DO need to know is: for each trade that is reported, whether the trade price was at, above, or below the current bid or ask. You DON'T need to know the actual value of the current bid or ask price.
If, for each trade, you can get the actual current bid and ask price as well as the close price, that is just as good.
Maybe I am missing something but still not sure from reading previous posts whether Multi Charts supports this, can anyone help?
The following 2 users say Thank You to Zondor for this post:
You are 100% correct Zondor, you only need the bid and ask price for each trade. Interestingly, this is exactly how IQFeed delivers their tick stream.
It has been a while since I talked to MC, so this may have changed, but the last time I talked with them they were not able to do this kind of analysis, but they claimed they would be working on it for the future. The problem is that you need to change the way you store tick data, so it is not a seamless change.
The following user says Thank You to aslan for this post:
I am pushing up this old topic.
I have MC8 and DTN IQFeed as a data feed.
Is there now a built-in way to have real Cumulative Delta in MultiCharts? [I have not found]
Or shall we use an external indicator? Which one is the most up-to-date?