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Allan...
I *believe* it works this way: TS considers a tick to be an uptick if the
most recent tick was an uptick, and vice-versa; in other words, if the last
tick was at the *same price* as the previous tick, and the previous tick
was an "up" tick, then the last tick would be considered and up tick. This
would continue until there is a *down* tick.
Dave
I am using TS4, Build 20.
For an example, let's say I have a one minute chart on MSFT. If I open a
data window, I see date, time, OHLC, and volume listed in 2 different
columns: 'U', 'D' (presumably up and down).
Now, let's say I go into the edit tick window for MSFT, make an ASCII
file of the tick data, and then open that in Excel, for convenience.
The total of the U and D columns does indeed equal the sum of the tick
volumes. However, I am very hard-pressed to see how the assignment to
the 'U' or the 'D' category is made.
Does anyone have the definitive answer to this?
Allan
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