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Re: Multi Data Tick Bar Charts are here!



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> TraderWareX connected to Quote.com produced these Multi Data Tick Bar
> Charts.   
> If you set and think about the problem of how do you plot a series
> of data that is steaming in at one speed and time.  Then plot
> another data series at yet another speed and time.  Yet have then
> both dynamically overlay one another and align on the right hand
> side of the screen and you will understand why no one has ever done
> this before! 

Mark, this is a bit different than the way I figured I would 
implement multi-data tick charts.  Just to make sure I understand 
what you're doing here:

>From your comment on the last screen shot ("...the data streams are 
totally independent of TIME") I suspect that you're displaying the 
N-tick bars basically as they'd look if you stacked 3 independent TS4 
N-tick charts above each other -- none are sparse, all are lined up 
at the right border, and they all have different time scales.  Right? 
(& if so, does the time scale at the bottom of your chart indicate 
the time scale for the primary "Data1" series?)

I haven't put a lot of thought into how I would implement multi-data 
tick charts, but I sort of figured I would use the same time scale 
for all data series, and anchor each bar to the closing time for the 
bar.  Obviously that would result in sparse bars (with space between 
the bars on the slower series), just like a 5-min / 10-min chart in 
TS, but that's probably not what you want.  I'll have to think a 
while about how you interpret & use parallel tick charts with wildly 
different time scales.  Basically the X axis represents "equal volume 
chunks" instead of "equal time chunks" as on a standard multi-data 
time-based chart.  

(Actually I guess you're only charting "equal volume chunks" if you 
are plotting the same # of ticks in each data series.  If you plot 5-
tick bars on one series and 10-tick bars on another, the 10-tick 
series represents 2x the volume as the 5-tick chart shows in the same 
X-axis space.)

Hmmm.  :-)

Gary