Tick Data
Posted: Sat Mar 14, 2015 1:59 pm
Hi All,
I don't have a problem importing the data (using Multicharts), but I have an issue understanding how to use it properly. The tick data from the app seems to come in as BID and ASK series only. That is handy for backtesting.
That doesn't, however, provide the actual traded prices, does It? I think that I need the actual traded price because that is what my indicators will calculate on. Aside from the BID/ASK imports, is there another metric (open, high, low, close) that I should import that is the actual price most charting packages provide?
I don't have a problem importing the data (using Multicharts), but I have an issue understanding how to use it properly. The tick data from the app seems to come in as BID and ASK series only. That is handy for backtesting.
That doesn't, however, provide the actual traded prices, does It? I think that I need the actual traded price because that is what my indicators will calculate on. Aside from the BID/ASK imports, is there another metric (open, high, low, close) that I should import that is the actual price most charting packages provide?