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That is a great idea, however, do some checking to make sure your
hardware/software/datafeed system is not dropping ticks. Some comparison is
needed to do this. For example, BMI sat feeding ProSuite loses 2% of the
big snp ticks and 20 to 25% of the emini ticks. That will distort
indicators based on tick bar charts.
BR
----- Original Message -----
From: Michael Ferguson <wl7bdn@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, April 09, 2000 7:43 PM
Subject: [RT] GEN: Chart Tip FOR BEGINNERS ONLY
> FOR BEGINNERS ONLY: [I may be the only person who didn't know this.] I am
> quite sure the real pros already know it. I didn't like the gaps on the
RTH
> charts, so I started charting the globex 24 hours per day. I set up the
> software so that the afternoon shutdown period is ignored, overlapped. But
> then I had long periods of spiderwebs (the overnight session) connecting
the
> RTH sessions. The simple solution is to use 25 or 50 tick, or whatever,
> charts. These produce patterns that don't distort any indicators. To my
eye
> the charts are more useful. I love it when I am surprised by the obvious!
>
>
> Michael
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