Thank you TJ and Bill for your answers
>From what I can gather, there should be no difference bewteen the
10tick range bar chart from a tick database and 10tick range bar
chart from 5 sec database. Is there any disagreement there?
/Paul.
--- In [email protected], "bilbo0211" <[EMAIL PROTECTED]> wrote:
>
> tick can mean 2 things, a single transaction and ticksize (the
minimum
> price change for a financial instrument)
>
> each 10 tick bar has H/L range for 10 transactions
>
> each 10 tick range bar has H/L range = 10 X ticksize.
>
> Bill
>
> --- In [email protected], "Paul Ho" <paul.tsho@> wrote:
> >
> > Is there any takers?
> > /Paul.
> >
> > --- In [email protected], "Paul Ho" <paul.tsho@> wrote:
> > >
> > > With respect to tick data, what is the difference between 10R
bar and
> > > 10-tick bar?
> > > Is 10 tick bar a bar containing 10 tick entries in the database?
> > > Is 10 R bars bars that has a range of 10 ticks? I have the
following
> > > OHLC values for a stock with tick size 0.01
> > >
> > > 40.46, 41.2, 40.2, 41.2 - range 1
> > > 41.2, 42.4, 40.81,42.4 - range 1.59
> > > 42.4, 42.68, 41.66, 41.66 - range 1.02
> > > 41.66, 42.47,41.44, 41.44 - range 1.03
> > >
> > > There isnt a lot of explanations in AB that I could find
> > > Cheers
> > > Paul.
> > >
> >
>
