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Yes Its called addition and long division.
On the S&P big contract I find that 10 ticks equals about one min.
Somewhere between 10 and 11 ticks per min. This is the day session only,
does not include the night session. Try your market and see. First I
create a chart with 4000 tick bars--100 days back(rspz9--day only). Then
I display the chart with the session bars showing. There will be two bars
per day, one with 4000 ticks, the other with less. Add the two together
to get the total for the day then divide by 405(total min. in the day
session).
Stephen Wandling wrote:
> My question is: Is there a mathematical method of determining the
> equivalent value of a tick chart for a given value of minute chart?
>
> I suspect that the "speed" of the market would be a factor, so I will
> presume Emini S&P 500. So, given an 8 minute ES bar chart, what tick
> chart would be equivalent? I am more interested in the 'methodology'
> than
> I am in knowing what 'looks right'.
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