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Andy
All data feeds have bad ticks. Use a filter such as referenced below to
prevent bad ticks from entering your indicators, systems, etc. Note that
the filter does not find the correct value of a price but eliminates the
bar with the bad price from being used in your indicators, systems, etc.
Two parameters are dealt with in the example, any bad high price
(according to your judgement) and an average without any bad high price.
http://www.purebytes.com/archives/omega/1999/msg18757.html
-- wrote:
>
> It seems Omega/TRAD decided to do a stock split in MSCC without consulting
> the company or the Nasdaq. 1 1/2 hours of emails and phone calls have not
> resolved this issue.
>
> If you're thinking of using it to trade....rethink it again. I know I am.
> They still have not fixed the bad tick in EMC. Though they have finnaly
> resolve the other stock splits they arbitrarily did in EMLX and BRCD, made
> on 5/14/2001...2 months after it was bought to their attention.
>
>
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