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Volume Breakdown and Bid/Ask Difference studies
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Volume Breakdown and Bid/Ask Difference studies

  #51 (permalink)
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smak451 View Post
If you want to pick a time, chart type I'll post my DTN output and you can post yours to compare if that helps

smak,
maybe you could post a 6EMO.scid file from DTN feed as zip for just a couple of days. Intraday data storage time unit should be set to 1 tick. Thanks for your help. This would show me, how far off TT-fix is compared to DTN.
Thanks for your help.
chris

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  #52 (permalink)
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i think that this has been done to death...
Basically, if you use time charts only(not tick,volume...etc.) AND/OR DONT use bid/ask study's, zenfire, tt, transact... they all work. If you use anyone of the above(time independent charts and/or bid ask data), and you want accurate data, you have to use DTN, CQG, or if you can afford it, a bloomberg terminal.
Thats it. There's nothing thats good enough. its either accurate or its not. I really don't get why there's a post about data feed differences every week.
BTW... barcharts is worse than most broker feeds( im mentioning this bc their a paid data feed service).


If you can't afford DTN, then IMO you need to raise more capital before you can think about trading.

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  #53 (permalink)
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i've talked to fulcrum, he's done extensive study about this, and even zondor checked the data on millisecond time stamp, and compared dtn to zen and they both verified that zenfire is Not accurate.
Hell my broker TOLD me that zenfire is filtered, the broker at transact told me their feed is filtered, the broker at tt told me they filter their data. i mean what else is there...lol

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  #54 (permalink)
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Michael.H View Post
i've talked to fulcrum, he's done extensive study about this, and even zondor checked the data on millisecond time stamp, and compared dtn to zen and they both verified that zenfire is Not accurate.
Hell my broker TOLD me that zenfire is filtered, the broker at transact told me their feed is filtered, the broker at tt told me they filter their data. i mean what else is there...lol

Michael,

Yeah, IT IS EITHER ACCURATE OR IT IS NOT, for Bid/Ask studies.

My IQFeed setup has been completed today Monday, May 17, and it is looking very interesting with NT7/GOMVolumeLadderTB (this is going to reflect in my Diary thread which has been OFF for one and half weeks now). I'm also testing IQFeed with SierraChart for Bid/Ask, and Volume Breakdown studies; whichever wins my race (SC/IQFeed or NT7/IQFeed/GOMVolumeLadderTB), will be it for me (for charting ONLY).

Lolu

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  #55 (permalink)
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you talking about comparing ninja and sierra with iq feed?

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  #56 (permalink)
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Michael.H View Post
you talking about comparing ninja and sierra with iq feed?

Yes. What's your view ? See the attached NT/IQFeed/GOMVolumeLadderTB chart. I'll get and post Sierra/IQFeed snapshot too later today.

Lolu

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Volume Breakdown and Bid/Ask Difference studies-nt-iqfeed-gvltb.png  
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  #57 (permalink)
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Quoting 
If you can't afford DTN, then IMO you need to raise more capital before you can think about trading.

Well, I didn't asked you for any comment, I ask smak for some help. Why do you think, you have to tell me what to do? If you would read my posts, you would know, that I used DTN and compared it to all the other retail feeds and know about bidxask data differences. Are all the traders, who don't use DTN for delta work are dumb? What is your relation to DTN ?
But anyhow, if the level of ET forum is taking over here, this will be my last post.
Thanks

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  #58 (permalink)
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chrislb View Post
Are all the traders, who don't use DTN for delta work are dumb? What is your relation to DTN ?
But anyhow, if the level of ET forum is taking over here, this will be my last post.
Thanks

Any traders that attempt to use broker supplied feeds for BID/ASK differential work are not necessarily dump, they just don't have the background and data feed testing information of a 10 year plus quant/data feed specialist who builds data infrastructure for Hedge Funds (BTW, Hedge Funds even laugh at DTN.IQ feed....they only use Bloomberg or better).

If you can't get what you want from a broker supplied data feed that is free then do not get mad at the reality of the situation. This has nothing to do with people trying to promote DTN feed, this is just the reality of MANY doing a lot of testing and a very obvious conclusion has already been extensively proven. This forum is being used at this exact moment to try and HELP other traders to not have to waste their time with issues already proven out. Spend your time on your method or psychology and actually trust traders trying to save those a lot of time driving down a long dark road that ends in a DEAD END! We have been there and done that, so our previous experience with this issue should be used to your advantage to move on to more important issues in your trading!

One last time.......DO NOT try and use broker supplied data feeds for BID/ASK differential work!

If I ever find a broker supplied data feed that works in the future I will be more than happy to let you know right away!!! I have spent over 7 years tracking and trading with Cumulative Delta, so if there is ANYONE who stays in tune with infrastructure available for BID/ASK differential work it is me.

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  #59 (permalink)
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If bid / ask volume data is not the only thing you look at in order to make your trading decisions, then you may find, as others have, that you can indeed get the information that you need from broker supplied data. The data is not perfect no matter where it comes from. And here's the key: You don't need perfect bid/ask volume data to make successful trading decisions.

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im not trying to slam you.. sometimes people will try to find a workaround when it doesn't exist... the sierra chart you have looks pretty clean to me, it actually looks like you ported the bid ask ladder to sierra pretty nicely. I would say in terms of charting, sierra is more stable, but ninja is less clunky. Also, sierra will do backfill, and ninja doesn't. Thats a big one... im on ninja right now, and im about to dump it once again... i love gomi's indicators, but i just can't handle the random crashes anymore... its TOO buggy.

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