Tick, Minute and Daily Data

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MultiCharts supports various chart types and resolutions: time-based, volume-based, price movement-based, non-standard chart types. However all chart resolutions and types are plotted out of 3 base data types that are provided by a data vendor:

Tick data.
The following chart resolutions and chart types are plotted out of tick data in MultiCharts:

  • N tick.
  • N contract.
  • N point (range).
  • N change.
  • N second.
  • N range.
  • Renko chart if resolutions are tick-based.

Minute data.
The following chart resolutions are plotted out of minute data in MultiCharts:

  • N minute.
  • N hour.
  • Renko chart if resolutions are minute-based.

Daily data.
The following chart resolutions are plotted out of daily data in MultiCharts:

  • N day.
  • N week.
  • N month.
  • N quarter.
  • N year.
  • Renko chart if resolutions are daily-based.
Note: Data source IQFeed has an option to request only tick data to build all other resolutions only out of ticks (see IQFeed).
Note 2: If a daily-based interval (day, week, month, quarter, year) is selected, the Build from minutes checkbox becomes available. By default, the box is cleared and it means daily bars will be requested from the data provider to built the chart (session settings will not affect the bars themselves, only the bars' closing time will be dependent on the sessions' settings). If the box is checked, minute data will be requested from the data provider to build the chart; in this case, the bars will be formed according to the applied session, but the historical data range may be decreased in comparison to daily data.