Support Board
Date/Time: Fri, 31 Jan 2025 03:25:34 +0000
Post From: Total Bid and Ask Size
| [2019-04-01 23:51:50] |
| User931283 - Posts: 55 |
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You might ask someone who is more current on T/S. This is an important topic that SC users should help analyze and understand. Since bid and ask price change very rapidly, I don't think you can "sum up" a number changing much faster than your bars are long. Example: By definition, the bid price has changed likely 200 times in a 1 minute bar and the price may have moved 3 points or more. So then what does your sum over time and different prices mean? Seems like only an instantaneous or short period could tell us anything. Look at time and sales prices and quantities history, perhaps Depth of Market history Do some research outside of this Forum, also on the topic, eh? Let us know if the above is correct. I'd like to understand it better.. what we most want is whatever is more meaningful and accurate. I doubt if anything but auto trading could analyze and react fast enough, and certainly not all by itself... to be of any decisive value. |