New York, NY, US
Experience: Intermediate
Platform: NinjaTrader, TOS
Trading: Stocks, Options, Emini ES
Posts: 9 since Jun 2020
Thanks Given: 24
Thanks Received: 1
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I have an embarrassingly simple question. In a platform like NT, it is possible to have a candlestick chart based on Last, Bid, and Ask. I just realized that I did not really understand those concepts when I looked at the volume for each charts (Last, Bid, And Ask). The volumes for "Bid" and "Ask" are way more higher than the volume for Last. For example for ES 1min chart, Ask[vol] ~ 47k, Bid[vol]~ 41k, and Last[vol] ~ 506. I attach the picture here. I would appreciate if someone could explain in more details what volume in "Bid" and "Ask" mean here. Also what does "Last" really mean here? is it the last volume in the last tick(trade) or "what" of the bar? Thank you for your comments.
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