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BobR,
That sounds really good to me. It also makes me now think if you
trade minute and above time frame that you are right what difference
does it make. I'm too slow to even watch a tick chart.
Best regards,
Jimmy Snowden
mailto:jhsnowden@xxxxxxx
Monday, August 11, 2003, 9:50:15 AM, you wrote:
B> Maybe someone can correct me if this interpretation is wrong. I would like
B> to understand exactly what the explanation is. Its been observed and
B> commented on that the tick counts for the ES and NQ in the GS for data
B> coming from IB/MSRT/GS is about 20% of that from esignal and dtn. The
B> question is why. IB was asked this question and they said their time
B> snapshot only referred to market depth and not for price quotes. So if
B> sequential multiple trades occur at the same price, MSRT sees the same
B> TradePrice but must be passing it on to the GS only when it changes. In
B> other words, the GS must be registering a tick count only when the LastTrade
B> in MSRT changes price, and not multiple ticks on multiple trades at the same
B> price. If this is true, then the GS is collecting changed ticks only, which
B> is not such a bad thing, and is an alternative way of viewing price
B> momentum. Its just important to know what is being looked at. Others have
B> commented that in comparing TIME bars with other datafeeds they look the
B> same as from IB. When comparing TICK bars there is a world of difference.
B> bobr
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