[daedalus]

Anyone else seeing big differences on their charts? Apparently the CME just changed how they report ticks on the stock index futures.

I haven't changed any of my charts yet (as I think they all look about how they should)?

Anyone else changed their charts? Apparently they are reporting about 2.5X's as much tick data, thus, a 233 tick chart is now equal to a 583 tick chart (or 2.5x's as much).

Thoughts, ideas?

[BrianNC]

What kind of modification do you make to the chart to offset the new tick data?

[Moyyim]

Also worth noting for those who follow the "large" lots in Time/Sales for example that many of these large lots will be broken down in size/ticks, so....

eg: a 500 lot trade could be broken down into 10 x 50 trades.......Apparantly "the number of large trades (> 199 lots) per day on the ES dropped from approximately 1800 to approximately 400."
Investor/RT - Answers* (LinnSoft.com)

....those pesky pro's trying to hide their individual "trade size" from the retail crowd



Cheers

[daedalus]

Originally Posted by BrianNC »

What kind of modification do you make to the chart to offset the new tick data?

The TTM guys were recommending that you take your time frame you would normally trade and multiply it time 2.5, and the result should be the new timeframe you need to trade.

I've yet to make this switch and was wondering if any of you had?