Support Board
Date/Time: Mon, 25 Nov 2024 09:36:27 +0000
Bid/Ask and volume
View Count: 4534
| [2014-01-17 16:46:12] |
| mayerrs - Posts: 70 |
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hi, i would like to ask you about my question which is on the screen. i will translate my message here. volitility long bar - there is volatility long bar in section 1 huge volume - in section 2 we can see there is huge volume on this long bar section 3 - how is possible the LONG bar has been traded for Bid price section 4 - what exactly does this study mean? in other words: how can be possible the GROWING (long) bar has ben traded for DECREASING (selling) bid price? thanks to everyone |
 Volume analyza.png / V - Attached On 2014-01-17 16:45:55 UTC - Size: 57.68 KB - 737 views |
| [2014-01-17 17:42:43] |
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This problem has to do with how the Interactive Brokers data feed works. For accurate data and charting, we recommend using the Sierra Chart Futures data feed: https://www.sierrachart.com/index.php?l=doc/SierraChartRealTimeFuturesStockDataFeed.php What you can do for now is right-click before the bar with the large volume and select Delete Data and Download. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2014-01-17 17:43:19
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| [2014-01-17 18:35:36] |
| mayerrs - Posts: 70 |
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i should say i use RECORD TRUE REAL-TIMEDATA IN INTRADAY CHARTS. so it should be ok.
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| [2014-01-20 00:42:34] |
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Interactive Brokers True Real Time Data does not provide accurate bid volume and ask volume which are necessary for some of the studies being used.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2014-01-22 13:56:36] |
| mayerrs - Posts: 70 |
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are you sure? i made this test. 1st pic: i use RECORD TRUE REAL-TIMEDATA IN INTRADAY CHARTS volume: 2738 bid vol: 1447 ask vol: -1291 2nd pic:: i DID not use RECORD TRUE REAL-TIMEDATA IN INTRADAY CHARTS volume: 2988 bid vol: 817 ask vol: -2171 3th pic: thinkorswim volume: 2738 so, that is my reason to believe the data in "ECORD TRUE REAL-TIMEDATA IN INTRADAY CHARTS" are accurate, arent they. a have not been able to get bid/ask vol in thinkorswim but when i can see the volume are the same in bouth, it means the data are accurate. so, what do you say? where is the true? Date Time Of Last Edit: 2014-01-22 13:57:18
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| True Real.png / V - Attached On 2014-01-22 13:56:07 UTC - Size: 31.73 KB - 814 views |
| [2014-01-22 17:19:56] |
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Bid Volume and Ask Volume are not accurate with Interactive Brokers True Real Time data. This we are 100% certain of. The volume over a period of time may be accurate. But not Bid Volume and Ask Volume. This is clearly documented here: http://www.sierrachart.com/index.php?l=doc/IB.php#TrueRealTimeData For accurate market data use the Sierra Chart Real-time And Historical Futures Data feed: http://www.sierrachart.com/index.php?l=doc/SierraChartRealTimeFuturesStockDataFeed.php Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2014-01-22 21:14:36] |
| moonmist - Posts: 127 |
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Monkey Bars the study will allow you to also use candles/ bars etc The study vs the chart type has more options Also, if you are wanting to use Volume Profile - do not trust it. TOS does not have true tick data, they receive it in blocks The nodes are not even close to being accurate at any setting https://www.bigmiketrading.com/thinkorswim/26078-volume-market-profile.html Date Time Of Last Edit: 2014-01-22 21:51:58
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| [2014-01-23 08:46:34] |
| mayerrs - Posts: 70 |
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thanks to everyone for explanation. i did not know that. i thought if the volume 2738 is correct and i make bid vol 1447 +ask vol 1291 which is 2738 and this is correct, so i just thought bid vol and ask vol is also correct. i did not think this about regular datafeed from IB (not TRUE REAL-TIMEDATA IN INTRADAY CHARTS) i thought this just about TRUE REAL-TIMEDATA IN INTRADAY CHARTS. so, once again - thanks for this explanation. anyway, once again this my question: if this case is on (i have no tick data but when i will see it i will check if this is going to happened. if somebody has tick data, pls check this case. if yes > then > how can be possible the GROWING (long) bar has been traded for DECREASING (selling) bid price? Date Time Of Last Edit: 2014-01-23 08:46:45
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