NexusFi: Find Your Edge


Home Menu

 





Multicharts and bid/ask volume


Discussion in MultiCharts

Updated
      Top Posters
    1. looks_one Big Mike with 7 posts (3 thanks)
    2. looks_two dkelly with 6 posts (0 thanks)
    3. looks_3 zikonc with 5 posts (1 thanks)
    4. looks_4 GentleTrader with 3 posts (0 thanks)
      Best Posters
    1. looks_one Zondor with 2 thanks per post
    2. looks_two Big Mike with 0.4 thanks per post
    3. looks_3 Richard with 0.3 thanks per post
    4. looks_4 zikonc with 0.2 thanks per post
    1. trending_up 19,190 views
    2. thumb_up 8 thanks given
    3. group 8 followers
    1. forum 32 posts
    2. attach_file 5 attachments




Closed Thread
 
Search this Thread

Multicharts and bid/ask volume

  #11 (permalink)
Richard
Dallas TX/USA
 
Posts: 153 since Jun 2009
Thanks Given: 33
Thanks Received: 284


zikonc View Post
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" ......

If you ever spend some time comparing, it will become easier and easier to believe. Two different feeds will differ quite often. In addition, many people don't realize that two setups with the same feed provider will have differences in their data in some cases. Decent feeds are like a Monet... stay away from feeds that are like a Picasso.


Can you help answer these questions
from other members on NexusFi?
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
23 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #12 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76


Richard View Post
Decent feeds are like a Monet... stay away from feeds that are like a Picasso.

Thanks Richard.........if you don't mind me asking, based on your experience IQFeed=Monet? and ZenFire=Monet? or Picasso?.........

  #13 (permalink)
Richard
Dallas TX/USA
 
Posts: 153 since Jun 2009
Thanks Given: 33
Thanks Received: 284



zikonc View Post
Thanks Richard.........if you don't mind me asking, based on your experience IQFeed=Monet? and ZenFire=Monet? or Picasso?.........

It depends on what you want. Generally a 5-minute chart of price is going to be practically identical between good data feeds. It's only when you decide you want to know about all the trades that you start having to scratch your head. From what I've seen, it's probably safest to use a methodology that doesn't hinge on you knowing exactly what took place in the market, because it's apparent on investigation that you can't get that kind of precision from everyday data feeds.

I've not used IQFeed... lately I've found that my barchart.com feed has a lot more tick data in it than my Zenfire (example: Move the Markets • ZenFire vs. Barchart.com feed). For most purposes, eSignal, ZenFire, Tradestation, and Barchart.com have all been acceptable to me, with TS being the most questionable of them. As a point of interest, I found I got more and better data from eSignal when I connected from my parents' house in Oklahoma than when I connected in Texas. No wonder my clients from around the world kept complaining their charts didn't match mine! I did not care for TransAct or IB feeds, and would not personally use them again.

Thanked by:
  #14 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,174
Thanks Received: 101,539

I have IQfeed and Zen side-by-side. IQfeed has far, far FAR more "updates" (ie: bid/ask, dom) than Zen Fire, but is a fraction of a second slower. I can see Zen tick a 'last' price a fraction of a second sooner than IQfeed will.

So it will depend on what is more important, complete picture of bid/ask but very slightly slower feed, or incomplete picture of bid/ask but slightly faster feed.

It seems eSignal has been going down hill lately. Barchart is becoming more widely accepted for retail lately it seems, I've not used them. Based on my own personal experience, I would still rank it 1) Zen Fire, 2) IQfeed, 3) eSignal. But if bid/ask is important, then IQfeed is #1.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal
Thanked by:
  #15 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76

Thanks Mike and Richard.....I use bid and ask so I'll give IQFeed one more try to see if it makes difference on my end..

at first IQFeed had me on some sort of simulated feed trial without even telling upfront so I have no clue what I demoed....I wonder what else are they not telling me.....barchart was randomly disconnecting in NT6.5 and they suggested I should work with NT on solution.......hmmmm, who is paying who here.....esignal was trying to sell me everything but the feed alone......I ran out of time ....or patience, forgot what happened first, so I moved on........

looking to short 6E down to 1.3400......it's at 1.3427 I think.......

  #16 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,174
Thanks Received: 101,539

zikonc,

Contact Jay Froscheiser @ DTN IQFeed. His email is jay.froscheiser [ at ] telventdtn [ dot ] com. His phone number is 402-399-2816.

Tell him you want the hook up and to get it right He's a good guy and will make sure you are taken care of.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal
Thanked by:
  #17 (permalink)
 dkelly 
Orange
 
Experience: Intermediate
Platform: Multicharts
Posts: 13 since Mar 2010
Thanks Given: 1
Thanks Received: 1

Here's what Multicharts support had to say:

Attached Thumbnails
Click image for larger version

Name:	Multicharts bidask.PNG
Views:	362
Size:	3.8 KB
ID:	10780  
Started this thread
  #18 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,174
Thanks Received: 101,539


dkelly View Post
Here's what Multicharts support had to say:

After you contact IQfeed I'd like to hear what they say. If you don't get resolution on this for sure let me know, I'll see if I get a different answer. Please contact IQfeed and see.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal
  #19 (permalink)
 zikonc 
san ramon
 
Experience: Beginner
Platform: ninja
Broker: zen
Trading: es, 6e
Posts: 136 since Oct 2009
Thanks Given: 98
Thanks Received: 76


Big Mike View Post
After you contact IQfeed I'd like to hear what they say. If you don't get resolution on this for sure let me know, I'll see if I get a different answer. Please contact IQfeed and see.

Mike

Hi Mike.....my reason for wanting IQFeed is to have a place to go to when I need my Gom files updated.....I followed Gomi's recommendation and decided to try IQFeed+QCollector combo....I was not getting any Ask/Bid in QCollector and wondered if there is an issue with the software.....below is the response I got from Dave DeLuca.......now, I understand if I was not getting Ask/Bid values because they had me on simulated feed but Dave was not getting those values either.......

Attached Thumbnails
Click image for larger version

Name:	QCollector.png
Views:	272
Size:	5.3 KB
ID:	10784  
Thanked by:
  #20 (permalink)
 dkelly 
Orange
 
Experience: Intermediate
Platform: Multicharts
Posts: 13 since Mar 2010
Thanks Given: 1
Thanks Received: 1


Here's what IQfeed said:

Attached Thumbnails
Click image for larger version

Name:	IQfeed1.PNG
Views:	354
Size:	14.0 KB
ID:	10788  
Started this thread

Closed Thread



Last Updated on July 6, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts