|
PureBytes Links
Trading Reference Links
|
Hi:
Does anyone know whether we can program BID/ASK on TSpro ?
Marcelo
----- Original Message -----
From: Zoran Gayer <elliottwave@xxxxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Cc: Julian Taylor <julian@xxxxxxxxxxxxxxxxx>; Robert Case
<rcase@xxxxxxxxxxxxxx>
Sent: Thursday, August 09, 2001 8:55 PM
Subject: RE: Indicator based on BID and ASK
> I trade the SPI and the underlaying contract for the ASX 200 at the Sydney
> exchange.
>
> It is not a large contract by US standards trading from lows of 6,000
> contracts a day to very occasionally over 18,000 per day.
>
> Both actual and tick volume come through as does the bid and asks
> The feed is from Market Cast and is excellent. Recently they have
increased
> band width and improved the service even more.
> As far as I can tell all the bids, asks and transactions come through. So
> the indicator should work fine.
>
> Can the volume that is traded be allocated to either "bid" or "ask"
> depending which is taken
> I assume that if it is traded that that it must have transacted either at
> the bid or ask.
>
> The indicator I am after is not bid and ask volume but what is traded at
the
> bid and ask.
> This may be a fine distinction but transactions are the reality.
> Bid and ask is not necessarily traded.
> It may be a useful alternate indicator
> It is one of the main things I watch to time an entry.
> An indicator such as this may decrease the need to watch the ticker keenly
> to see how the bid, ask, and transaction relationships are going.
> It may also be useful on bullish and bearish divergences.
> Again the question is it possible to design such an indicator in TS2000i?
>
> Zoran
>
>
> -----Original Message-----
> From: multitrak@xxxxxxxxxxxxxxxx [mailto:multitrak@xxxxxxxxxxxxxxxx]
> Sent: Friday, August 10, 2001 12:52 AM
> To: omega-list@xxxxxxxxxx
> Subject: Re: Indicator based on BID and ASK
>
> Yeah, but then I thought that Zoran was referring to futures because he
> mentioned "contracts."
>
> Another cruel joke by TS by not letting you get at the data you can see on
> your screen....
>
> MT
>
> At 07:37 AM 8/9/01 -0700, you wrote:
> >I saw that email and almost responded and then I thought maybe it
wouldn't
> >work for futures because of lack of volume info, but there might be a way
> to
> >do it for stocks using the Activity Bar Study code in a novel way.
> >
> >BobR
> >
> > > At 08:19 PM 8/9/01 +1000, Zoran Gayer wrote:
> > > >Every time the contract trades on the "ASK" the number of contracts
or
> >ticks
>
|