[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Indicator based on BID and ASK



PureBytes Links

Trading Reference Links

It could be done. The one problem that you would have is that the ask prices
are given a lower priority on the updates than the trade prices. It would
depend on you data provider. Rapidly changing issues would most likely give
you very unreliable results for a service like DBC/BMI Satellite.

Jim Bronke
Phoenix, AZ



----- Original Message -----
From: "Zoran Gayer" <elliottwave@xxxxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, August 09, 2001 3:19 AM
Subject: Indicator based on BID and ASK


>
> In Trade Station 2000i is it possible to write an indicator as follows.
> It is similar to On Balance Volume.
> Instead of counting up ticks and down ticks
> Every time the contract trades on the "ASK" the number of contracts or
ticks
> is added to the accumulated total
> Every time the contract trades on the "BID" the number of  contracts or
> ticks is subtracted from accumulated total..
>
> Zoran
>
>