Hi, I'm looking to plot forex charts using the mid price from IB Ideal Pro forex data (referred to as 'last' in IB TWS). I checked the chart quote field options in MultiCharts and I can't locate any option that will allow this: The three choices are bid, ask or trade. Trade is the same as ask, so just 2 options. Charting off the bid / ask is not good as spikes distort the chart if the bid / ask widens significantly as it does on news release. Is there any way I can get MC to plot charts using Ideal Pro mid price (TWS last quote)?
Thanks a lot for any help.
Plotting 'Mid' Price on IB Ideal Pro forex data
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- Henry MultiСharts
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Re: Plotting 'Mid' Price on IB Ideal Pro forex data
Hello DibsTrader,
"Last" price in IB TWS is not the actual Trade size.
In MultiCharts Ask price is equal to Trade size because IB API is not providing the Trade price for Forex symbols.
"Last" price in IB TWS is not the actual Trade size.
In MultiCharts Ask price is equal to Trade size because IB API is not providing the Trade price for Forex symbols.
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- Posts: 7
- Joined: 16 Mar 2012
- Has thanked: 2 times
Re: Plotting 'Mid' Price on IB Ideal Pro forex data
Yes, 'last' in IB TWS Ideal Pro Forex is the mid price (they recently changed this). I would like to plot IB Ideal Pro forex charts in MC using this mid price. There is a setting in IB TWS chart parameter configuration which allows Ideal Pro Forex charts to be plotted based on mid price, is it possible in MC?
- Henry MultiСharts
- Posts: 9165
- Joined: 25 Aug 2011
- Has thanked: 1264 times
- Been thanked: 2957 times
Re: Plotting 'Mid' Price on IB Ideal Pro forex data
That is not possible to use mid price in MultiCharts.Yes, 'last' in IB TWS Ideal Pro Forex is the mid price (they recently changed this). I would like to plot IB Ideal Pro forex charts in MC using this mid price. There is a setting in IB TWS chart parameter configuration which allows Ideal Pro Forex charts to be plotted based on mid price, is it possible in MC?
Currently we do not plan to add such functionality.