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Registered User
Joined: 3/6/2005
Posts: 4
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I just watched a demo of (removed by Moderator) where a trader was using a 1 minute chart and overlayed a 3 5 and 8 minute moving average of tick.
Is this something that is available if i upgrade to intraday realtime data?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You can apply indicators to any time frame. All averages are based on bar data. If you have a 3,5 and 8 minute bar moving average on price and make the chart a real-time streaming 1-minute chart, they become 3,5 and 8-minute averages. They also update live.
- Craig
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Registered User
Joined: 3/6/2005
Posts: 4
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Craig,
I am not interested in MAs overlaying price.
I am interested in MAs of tick overlaying price. Does this make sense?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Tick is price... so I don't understand.
- Craig
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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...I think I might know what you mean. Do you mean the TICK indicator as opposed to tick price?
- Craig
Here to Help!
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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TeleChart has the following symbols in the system:
TICK
The NYSE Tick Index
TICQ
The NASDAQ Tick Index
$TICKA
The Amex Tick Index
Are one of these what you mean when you say TICK?
- Craig
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Registered User
Joined: 3/6/2005
Posts: 4
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i am referring to tick price for that individual ticker.
The demo i watched had an overlay of the individual stock's tick volume set up as moving averages...at least that is what i thought?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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This is your first mention of volume... let us take a step back....
Price was a 1-minute chart (correct)?
What are the averages of? Volume or price?
- Craig
Here to Help!
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Registered User
Joined: 1/14/2005
Posts: 21
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QUOTE (Craig_S) Tick is price... so I don't understand.
Hi Crag: I got here using the search feature because I had a similar question about whether or not tick volume was available in the Platinum version of TeleChart. If you had not removed the reference to where it was that mc2 saw the demo I could tell you for certain what he was talking about. However, for clarification, what I believe he was asking is for each individual stock, every transaction happens on an up tick (at the offer price) or a down tick (at the bid price). In this sense, tick volume is the number of shares traded on up ticks vs. the number of shares traded on down ticks. During the day you would have a running total for each stock of the difference between the number of shares traded on up ticks and down ticks. This number either positive or negative is normally referred to as the tick volume. Based upon the symbol TICK available in the Worden system which applies to the overall markets and not to individual stocks I would have to say that the answer to the original question is that tick volume is not currently available in any edition of TeleChart. However, if I am mistaken and there is something of this nature in Platinum that is not available in the Gold edition I would like to know about it.
Thanks,
j2d2
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