Drawing Bar from Data derived from Tick Data

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wall richard
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Drawing Bar from Data derived from Tick Data

Postby wall richard » 06 Jun 2012

Is it possible to draw a bar (OHLC) derived from tick data only? The tick data could come from a separate tick frame source. his "synthetic" OHLC bar is independent from the instrument time frame and data.

Richard

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TJ
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Re: Drawing Bar from Data derived from Tick Data

Postby TJ » 06 Jun 2012

wall richard wrote:Is it possible to draw a bar (OHLC) derived from tick data only? The tick data could come from a separate tick frame source. his "synthetic" OHLC bar is independent from the instrument time frame and data.

Richard

Real time charts are drawn from tick data.

If you want to plot something other than the "real data" (OHLC), it is called an indicator.

Yes, you can create an indicator to plot almost any massaged data, anyway you want.
I say "almost" because charts by nature are constrained. Either by time, or volume, or range.


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