Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Bid/Ask Spread Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
bobje
Posted : Friday, October 19, 2018 12:29:08 PM
Registered User
Joined: 10/7/2004
Posts: 40

Please allow the bid/ask spread to be a scan condition value.

Bruce_L
Posted : Friday, October 19, 2018 2:37:19 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Thank you for your suggestion.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
RobtJR.1949
Posted : Wednesday, January 30, 2019 11:33:29 AM
Registered User
Joined: 10/19/2004
Posts: 21

In the new v19 Beta, there are four bid/ask spread values; Bid Ask Spread, Bid Adk Spread %, Spread Daily and Spread % Daily. They change throughout the day.  How are they calculated?  Can they be used to scan (or sort) for stocks with tight bid/ask spreads to find those that are more liquid?

Bruce_L
Posted : Wednesday, January 30, 2019 2:35:51 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

So the bid and ask can now be plotted historically on the chart. And these bid and ask values can be plotted as OHLC values to see how they changed throughout the duration of a bar.

The spread and spread % are going to change any time the bid or ask change, but these spread values only have the last value in the time frame and can't be plotted as OHLC values.

So you can use the bid ask spread and bid ask spread % values to find tight bid ask spreads to see what is more liquid. And you can use historical values or averages of these values over time as well.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.