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Multicharts and bid/ask volume


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Multicharts and bid/ask volume

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  #1 (permalink)
Orange
 
Experience: Intermediate
Platform: Multicharts
 
Posts: 13 since Mar 2010
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Using IQfeed data, I was curious how Multicharts separated the trade volume coming in at the bid and trade volume at the ask. I had Multicharts side by side with Sierra and Ninja. Sierra and Ninja gave exactly the same results, and Multicharts didn't. Now I'm left thinking I can't use Multicharts for this kind of analysis.


 
 
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  #3 (permalink)
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Manta, Ecuador
 
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Can you provide specifics, screen shots, etc? Can you reproduce it? Have you asked MultiCharts what they say about this? I ask only because I don't believe MC does any sort of filtering, and for IQfeed they are using the same client as NT for the source of the data.

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  #4 (permalink)
Dallas TX/USA
 
 
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dkelly View Post
Using IQfeed data, I was curious how Multicharts separated the trade volume coming in at the bid and trade volume at the ask. I had Multicharts side by side with Sierra and Ninja. Sierra and Ninja gave exactly the same results, and Multicharts didn't. Now I'm left thinking I can't use Multicharts for this kind of analysis.

Are you using 'upticks' and 'downticks' to get the data? You didn't really say enough to tell.
Anyway, if so it is exactly what it says it is: uptick volume and downtick volume. Not bid volume and ask volume.

 
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  #5 (permalink)
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I don't think MC is able to track bid/ask traded volume at this time. Just up vs. down ticks.

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  #6 (permalink)
Orange
 
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the only way I know to track it in Multicharts is Upvolume and Downvolume. I've attached a screenshot of the 1 minute Euro futures.

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  #7 (permalink)
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dkelly View Post
the only way I know to track it in Multicharts is Upvolume and Downvolume. I've attached a screenshot of the 1 minute Euro futures.

Hmm. I just compared CL on Zen and IQfeed, I am not sure what to make of results. Blue = Volume Up, red = Vol Down. I think it might be a real-time only option from the feed judging from the lack of historical data on IQfeed? And missing gaps on Zen?





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  #8 (permalink)
san ramon
 
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Hi Mike.....is it possible to export 1 min data for ES 06-10 from IQfeed for last 1 month so we can compare it to Zen-Fire......it's hard for me to believe that two feeds would report different values ....... i always had a concern of "when they reported" and not "if they reported" ......

 
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  #9 (permalink)
Orange
 
Experience: Intermediate
Platform: Multicharts
 
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IQFeed provides the historical bid and ask volume data. It is just that Multicharts doesn't show it. Sierra, upon opening a new chart of a symbol not previously watched real time, has all that data already there.

 
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  #10 (permalink)
the coin hunter
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dkelly View Post
IQFeed provides the historical bid and ask volume data. It is just that Multicharts doesn't show it. Sierra, upon opening a new chart of a symbol not previously watched real time, has all that data already there.

SC stores history data in their own database I believe.


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