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Date/Time: Sat, 23 Nov 2024 21:33:31 +0000



Post From: Fractional Tick Size and the Number Bars Study

[2024-07-29 22:22:30]
TraderBiku - Posts: 36
Hello,

I recently discovered it's possible to enter fractional tick values on chart settings > symbol settings > tick size. For example, I currently have my chart set to 0.6, meaning 2.4 ticks per point. When I look at the number bars study, it appears to represent the bid-ask volume in a way that looks well organized, but I'm very curious how these values are being split up into discrete levels, given that the underlying market is trading only on the ticks themselves, and obviously not between them... Is there any documentation that explains how these fractional tick bid-ask values are populated in the number bars study?

Thank you!