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Date/Time: Tue, 26 Nov 2024 21:36:07 +0000

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Is it possible to adjust tick size to better read footprint data

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[2021-03-25 09:57:05] #1 [Go To First Post]
TropicalTrader - Posts: 45
Hi, I'm trading the Nasdaq using Rithmic data. I would like to be able to read the footprint data better. Because of the 0.25 tick size and the large amount of range NQ covers its very difficult. Is there a way I can switch it 1 point per tick and have the data for the 0.25 tick levels aggregate into 1 point per tick? (I wouldn't be trading off of that chart, I'd like to use a 10 point range bar with only 10 price levels to read the imbalances, etc) If so, please instruct me how to achieve this. Thanks.

[2021-03-25 11:37:32] #2 [Go To First Post]
ertrader - Posts: 672
Under chart settings, center left...change tick size to whatever you like. Works great.

[2021-03-25 13:17:49] #3 [Go To First Post]
User907968 - Posts: 823
Also consider the volume at price multiplier - Chart Settings: Volume at Price Multiplier for Historical/Intraday Chart (Chart >> Chart Settings >> Chart Data >> Volume at Price menu)

[2021-03-25 13:29:54] #4 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Yes. Refer to: Numbers Bars: Adjusting Tick Size For Larger Increment 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

[2021-03-26 20:23:54] #5 [Go To First Post]
TropicalTrader - Posts: 45
Thanks! The Volume at Price Multiplier is excellent.

[2023-10-26 07:44:09] #6 [Go To First Post]
BenjFlame - Posts: 324
Is there any performance advangage of using one or the other? What's the difference if I group ticks from "volume at price multiplier" or "tick size" ?

[2023-10-26 14:34:19] #7 [Go To First Post]
John - SC Support - Posts: 36308
There is not a performance difference, but changing the Volume at Price Multiplier only affects the volume data for items such as Numbers Bars, TPOs, and Volume By Price Profiles. But changing the Tick Size affects not only the volumes, but also the prices that you see. So it really depends on how you want to view the information. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

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