[strtedat22]

Originally Posted by LS_Chad »

Here is a good breakdown of various periodicities, including tickbar:

https://www.linnsoft.com/tutorials/periodicities.htm

holy crap...good stuff LS

Thanks

[SunTrader]

Again it depends on the market and personal choice really, but generally a 50 tick or 89 tick bar would be used for scalping. And to gauge the longer trend during the day 610 ticks probably. I wouldn't think tick charts would be very effective for anything over a 1-3 days as far as swing trading and would use 610 for that.

[strtedat22]

Originally Posted by SunTrader »

Again it depends on the market and personal choice really, but generally a 50 tick or 89 tick bar would be used for scalping. And to gauge the longer trend during the day 610 ticks probably. I wouldn't think tick charts would be very effective for anything over a 1-3 days as far as swing trading and would use 610 for that.

thanks for the info Sun and everyone else

[zakariawaiz]

anybody know good book about tick bar

[januson]

Originally Posted by zakariawaiz »

anybody know good book about tick bar

A tick can't be modelled into a bar, but a bar will consist of 2 or more ticks.

[SunTrader]

Originally Posted by januson »

A tick can't be modelled into a bar, but a bar will consist of 2 or more ticks.

So what are you trying to say.

[januson]

Bardata needs an open, high, low and close and timestamp before it is can be drawn like a bar, I'm sure you know the concept from OHLC.

A tick is just a price, volume and timestamp. But as I mentioned if you've 2 or more ticks then it can be expressed as bardata!! (all bar data is aggregated tick data)

[januson]

Bardata needs an open, high, low, close, volume and timestamp before it is can be drawn like a bar, I'm sure you know the concept from OHLC.

A tick is just a price, volume and timestamp. But as I mentioned if you've 2 or more ticks then it can be expressed as bardata!! (all bar data is aggregated tick data)