Support Board
Date/Time: Sun, 22 Dec 2024 21:34:34 +0000
Post From: Questions about Volume at Bid/Offer data..
| [2014-11-26 04:56:37] |
| The Stealthy Trader - Posts: 185 |
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Thanks for the quick response. So, this is quite a revelation to me as your algorithm can't be as accurate as the actual data I'm seeing in Ameritrade's T&S window..No? I mean, as I'm watching a stock drop today and trading on the bid, Ameritrade is showing it in their T&S window in Red(which indicates traded on the Bid) while your T&S window was showing it as "Traded on the Offer". Don't get me wrong, there was a lot of volume where both platforms had it the same, but surely there was a lot where they didn't. Could this be attributable to the fact that Ameritrade was registering trades in .001(at times) while I had my Sierra Chart tick size set to .01? Either way, I'll be sure to make that change for future sessions and will be comparing once again. So this brings up the obvious question, why aren't you able to utilize the actual data recorded by Ameritrade?..why the need for an Algorithm? Do they not provide that as part of their feed offering? And along those lines, below is a key part of the definition of Bid Trade from the link you included. The exchange or data feed has indicated the Trade has occurred at the Bid. If this is supported, this is the most accurate determination. So, is this supported? Date Time Of Last Edit: 2014-11-26 05:06:13
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