Tick data - Level 1/2 etc
Posted: Mon Nov 13, 2017 3:53 pm
I am unable to launch MQL4 from the the Tickstory Application. I have attached word file that contains the photo shot of the error among other things like settings. I was able view the sample tick data using the show data feature of the application, in that I found there are no BID ASK columns
in Figure 7 of the attached file can you please explain what is the Role of SPREAD: (Line 10) within the "Export to MT4" Tab . From what I understand about tick data is that the Data is provided by the Market maker which is Dukascopy in your case and that the spread is never fixed it changes with the market dynamics i.e. supply demand and other factors so having a fixed spread doesn't make any sense. In fact I intend to measure through my models what causes the spread to change. So why would you have a fixed spread.
In a tick data for example from NYSE OR FTSE the Tick data Contains LEVEL 1 Quotes that is TOP-OF-THE-BOOK quotes that is ||Time Stamp||Bid|| Ask|| Available BUY Volume || Available Sell Volume || # of Buy Trades || # of Sell Trades. And there is a Level 2 Data.
In Figure 6 contains the Data that I can see from my end That Contains: DATE/TIME|| Open||High||LOW||CLOSE|| VOLUME ..................This is Not called a tick data.
in Figure 7 of the attached file can you please explain what is the Role of SPREAD: (Line 10) within the "Export to MT4" Tab . From what I understand about tick data is that the Data is provided by the Market maker which is Dukascopy in your case and that the spread is never fixed it changes with the market dynamics i.e. supply demand and other factors so having a fixed spread doesn't make any sense. In fact I intend to measure through my models what causes the spread to change. So why would you have a fixed spread.
In a tick data for example from NYSE OR FTSE the Tick data Contains LEVEL 1 Quotes that is TOP-OF-THE-BOOK quotes that is ||Time Stamp||Bid|| Ask|| Available BUY Volume || Available Sell Volume || # of Buy Trades || # of Sell Trades. And there is a Level 2 Data.
In Figure 6 contains the Data that I can see from my end That Contains: DATE/TIME|| Open||High||LOW||CLOSE|| VOLUME ..................This is Not called a tick data.