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![]() | Re: IB Tick Data ... is It Worth Anything ? | ||
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JKLM (11-12-2008) | ||
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Blog Entries: 4 | Re: IB Tick Data ... is It Worth Anything ?
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| | #11 | ||
![]() | Re: IB Tick Data ... is It Worth Anything ? | ||
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| | #12 | ||
![]() | Re: IB Tick Data ... is It Worth Anything ? | ||
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| | #13 | ||
![]() | Re: IB Tick Data ... is It Worth Anything ? | ||
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| The Following User Says Thank You to BlowFish For This Useful Post: | ||
JKLM (11-12-2008) | ||
| | #14 | ||
![]() | Re: IB Tick Data ... is It Worth Anything ? but not sure are IB tick data in Multicharts reliable | ||
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| | #15 | ||
![]() | Re: IB Tick Data ... is It Worth Anything ? | ||
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| | #16 | ||
![]() | Re: IB Tick Data ... is It Worth Anything ? I use IB tick data to generate tick charts. I have for the last few years. I know that backfill won't give it (because backfill is limited to 5 seconds per bar or 30 seconds per bar or whatever best granularity your chart package requests from IB). But in real time my tick charts spread out fast action so that action I wouldn't see on a minute chart after a breakout becomes clear and tradable. So for me, the tick chart is reliable (I don't care that the maximum ticks per second is 10 because thats still 600 tick or 100 6 tick bars in 1 minute). So, for my use, IB ticks are perfectly "reliable." The show slow progress during slow times but spread the action out for clearer signals during fast action. Personally, if you draw channels and trendlines or other angled lines on charts I recommend that you do that with minute charts because tick and volume charts distort them depending on current speed of action. But, although thats a common view, its just one view. | ||
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| The Following User Says Thank You to Kiwi For This Useful Post: | ||
japantrader (07-28-2009) | ||
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