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How to use volume in your trading
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How to use volume in your trading

  #391 (permalink)
Trade with the flow
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Big Mike View Post
Can you point to where you are getting this info, or provide an example?

Mike

actually you can prove it to us. Just export tick data and paste a few lines here. If there is no bid ask data on each line then NT dropped the ball! I don't have NT7 so I can't do it.

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  #392 (permalink)
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cunparis View Post
actually you can prove it to us. Just export tick data and paste a few lines here. If there is no bid ask data on each line then NT dropped the ball! I don't have NT7 so I can't do it.

Well, exporting tick data has nothing to do with this. It could be exporting tick data is limited to Last.

But here is a screen shot showing historical bid/ask.

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So if you don't have NT7, then where are you getting this info:

cunparis
NT7 doesn't store the bid/ask with the data. You can get bid/ask but it's not synchronized with the data.

Mike

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  #393 (permalink)
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Big Mike View Post
Well, exporting tick data has nothing to do with this. It could be exporting tick data is limited to Last.

So if you don't have NT7, then where are you getting this info:

I believe it was the volume ladder threads.

Exporting tick data has EVERYTHING to do with it. If it doesn't export the bid ask then you can't import it and that means it's not part of the data structure.

from what I understand, the bid ask is stored separately and not synchronized with each tick.

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  #394 (permalink)
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cunparis View Post
I believe it was the volume ladder threads.

Exporting tick data has EVERYTHING to do with it. If it doesn't export the bid ask then you can't import it and that means it's not part of the data structure.

from what I understand, the bid ask is stored separately and not synchronized with each tick.

Hmm ok. I'm not saying one way or the other, it just seems you knew so I wanted to know how you knew.

I don't see why exporting is required. You're trying to use NT's tick data on another platform? Why else export? I think historical bid/ask being sync'd with last, which your statement was it wasn't, is not exactly related to Exporting.

Mike

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Need help?
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  #395 (permalink)
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cunparis View Post
NT7 did drop the ball. Completely. NT7 doesn't store the bid/ask with the data. You can get bid/ask but it's not synchronized with the data.

i'm currently using investor RT for my volume work. If you look at its data format you'll see bid & ask on each line of data. NT doesn't do this and the bid/ask information is lost.

Such a shame I started bending there ears about it a couple of years (or more) back. Sadly TSSuport (creator of multicharts) are just as deaf. It's crazy the architecture to do it must be in place already. I am going to have one more crack at TSSuport to see if they might consider it. That really leaves IRT if you want to plug in and go though I might go with Neoticker as a) You can buy an out and out license and b) It has all the mechanisms to do this sort of analysis and in fact full order book analysis. Only trouble is whilst the architecture of the platform robust and open it is quite a steep learning curve to program it.

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  #396 (permalink)
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The other two important ingredients are being able to download historical last bid ask data (IQFeed provides a day I hear maybe others do too?)....and when loading charts history having an option to build each bar tick by tick. It's not rocket science and opens up a whole area of analytics. I think Mike said that NT7 can build tick by tick?

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  #397 (permalink)
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NickA View Post
The other two important ingredients are being able to download historical last bid ask data (IQFeed provides a day I hear maybe others do too?)....and when loading charts history having an option to build each bar tick by tick. It's not rocket science and opens up a whole area of analytics. I think Mike said that NT7 can build tick by tick?

IQ Feed has 3-4 weeks of historical bid/ask.

NT builds tick based bars tick by tick (renko, range, tick, volume). Minute bars use minute data.

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  #398 (permalink)
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You can build a chart in NT7 based on Last, Bid or Ask, and all three are stored in the db whereas with NT 6.5 only Last was available and/or stored.

Mike

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.
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  #399 (permalink)
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Big Mike View Post
You can build a chart in NT7 based on Last, Bid or Ask, and all three are stored in the db whereas with NT 6.5 only Last was available and/or stored.

Mike

Hi Mike,

To achieve things like market delta (and to do stuff like GOM's without an external database and live capture) you need all 3 available to any indicator as it builds from history tick by tick.

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  #400 (permalink)
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NickA View Post
Hi Mike,

To achieve things like market delta (and to do stuff like GOM's without an external database and live capture) you need all 3 available to any indicator as it builds from history tick by tick.

Ok I understand what you mean by tick by tick. You mean if you have a 100 tick bar the data for each of those ticks has to be processed by the indicators. Like calculate on bar close = false for real time.

Does NT 7 do it that way??

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