What is Acnt/Bcnt on the DOM mtrader? - futures io
futures io futures trading



What is Acnt/Bcnt on the DOM mtrader?


Discussion in Platforms and Indicators

Updated by SMCJB
      Top Posters
    1. looks_one SMCJB with 3 posts (10 thanks)
    2. looks_two jokertrader with 2 posts (0 thanks)
    3. looks_3 RDK91 with 2 posts (3 thanks)
    4. looks_4 MichaelFlowTrader with 2 posts (0 thanks)
      Best Posters
    1. looks_one SMCJB with 3.3 thanks per post
    2. looks_two RDK91 with 1.5 thanks per post
    3. looks_3 tpredictor with 1.0 thanks per post
    4. looks_4 tr8er with 1.0 thanks per post
    1. trending_up 1,183 views
    2. thumb_up 15 thanks given
    3. group 7 followers
    1. forum 10 replies
    2. attach_file 1 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Thread Tools Search this Thread
 

What is Acnt/Bcnt on the DOM mtrader?

  #1 (permalink)
Atlanta
 
 
Posts: 115 since Jan 2017
Thanks: 34 given, 58 received

What is Acnt/Bcnt on the DOM mtrader?

What exactly does the Bcnt and Acnt columns on the DOM/price ladder represent? TT's site isn't clear. Are they simply the bids/asks that have printed at a level?

Reply With Quote

Can you help answer these questions
from other members on futures io?
Convert NinjaTrader NT7 indicator to Tradestation EasyLanguage and RADARSCREEN
Platforms and Indicators
Issue meeting order entry conditions
Elite Automated NinjaTrader Trading
Last 5 minutes Label
ThinkOrSwim
Moving average with Lag reduction
NinjaTrader
Linux?
ThinkOrSwim
 
Best Threads (Most Thanked)
in the last 7 days on futures io
FIO Journal Challenge - June 2020 edition w/SharkIndicators
57 thanks
Spoo-nalysis ES e-mini futures S&P 500
55 thanks
June Charity Fundraiser - Feeding hungry families
51 thanks
Fixed vs trailing stops
28 thanks
AMP Futures / AMP Global Review
27 thanks
 
  #2 (permalink)
Antwerp
 
 
Posts: 454 since Jun 2016


MichaelFlowTrader View Post
What exactly does the Bcnt and Acnt columns on the DOM/price ladder represent? TT's site isn't clear. Are they simply the bids/asks that have printed at a level?

Have you tried google?
This took me exactly 10 seconds to find.


Reply With Quote
 
  #3 (permalink)
Atlanta
 
 
Posts: 115 since Jan 2017
Thanks: 34 given, 58 received



RDK91 View Post
Have you tried google?
This took me exactly 10 seconds to find.


Thanks. I found that picture yesterday. My question is more in the frame of how do Bcnt and Acnt differ from the resting limit orders on the price ladder? Do they more represent the available contracts at that order vs resting limit orders equaling first right of refusal when price reaches a level? Do Bcnt and Acnt represent the real state of the auctioning process?

Reply With Quote
 
  #4 (permalink)
Antwerp
 
 
Posts: 454 since Jun 2016


MichaelFlowTrader View Post
Thanks. I found that picture yesterday. My question is more in the frame of how do Bcnt and Acnt differ from the resting limit orders on the price ladder? Do they more represent the available contracts at that order vs resting limit orders equaling first right of refusal when price reaches a level? Do Bcnt and Acnt represent the real state of the auctioning process?

The way i see it is that it represents the number of orders in the market.
For example at 2256.50 are 140 orders that totals 695 contracts so the average order would be 4.96 contracts.
If i would add a buy limit at that price of 10 contracts then it would become 141 orders and 705 contracts.

Reply With Quote
 
  #5 (permalink)
Europe
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
 
Posts: 350 since Jan 2017
Thanks: 0 given, 275 received

With this tool, you can see if there are more small lot traders or more large lot traders at each price-level

Reply With Quote
The following user says Thank You to tr8er for this post:
 
  #6 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: XTrader and Cloud TT
Broker: Advantage Futures
Trading: Energy
 
Posts: 3,460 since Dec 2013
Thanks: 2,766 given, 6,512 received


RDK91 View Post
The way i see it is that it represents the number of orders in the market.


tr8er View Post
With this tool, you can see if there are more small lot traders or more large lot traders at each price-level

Exactly x2

Reply With Quote
The following 3 users say Thank You to SMCJB for this post:
 
  #7 (permalink)
NYC, NY
 
Experience: Intermediate
Platform: Sierra Qtrader TT
Broker: Amp/CQG/TT, Optimus, ADM
Trading: Mainly CL. Spread researcher currently
 
Posts: 575 since May 2013
Thanks: 511 given, 288 received

So these are market orders...getting closer to Jigsaw or Bookmap


Sent using the futures.io mobile app

Visit my futures io Trade Journal Reply With Quote
 
  #8 (permalink)
NYC, NY
 
Experience: Intermediate
Platform: Sierra Qtrader TT
Broker: Amp/CQG/TT, Optimus, ADM
Trading: Mainly CL. Spread researcher currently
 
Posts: 575 since May 2013
Thanks: 511 given, 288 received

Or are these cumulative like vol profile?


Sent using the futures.io mobile app

Visit my futures io Trade Journal Reply With Quote
 
  #9 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: XTrader and Cloud TT
Broker: Advantage Futures
Trading: Energy
 
Posts: 3,460 since Dec 2013
Thanks: 2,766 given, 6,512 received


This is saying that there are 339 lots on offer at 2256.75 comprising 72 different orders.
So if you sent an order to buy 399 you would get 72 fills.

Reply With Quote
The following 5 users say Thank You to SMCJB for this post:
 
  #10 (permalink)
North Carolina
 
Experience: Beginner
Platform: NinjaTrader, Tradestation
Trading: es
 
Posts: 644 since Nov 2011


This is so-called "level 3" information. A practical value in something like this might be, if for example, you see a large offer on the bid or ask but only a few orders. There is a risk that a single large order could be cancelled whereas if you see many orders and size then it is less likely all the orders would be cancelled. I am just hypothesizing here. The fastest processing time I have tested capable of is around 75ms-80ms (on a brain training game); however typical human speed processing is around the 250ms-500ms range plus additional time for reaction. The fastest HFT strategies are operating in the 5ms-25ms zone (if I recall). Now, I have not counted the number of conscious thoughts produced during a day but might be interesting.


Last edited by tpredictor; September 28th, 2018 at 12:41 AM.
Reply With Quote



futures io Trading Community Platforms and Indicators > What is Acnt/Bcnt on the DOM mtrader?




Upcoming Webinars and Events
 

Free BloodHound Licenses for everyone!

June
 

Every journal equals ten meals for the hungry

June
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts