(x) tick vs (x) volume

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #149786 quote
    Keelo981
    Participant
    New

    Hey

    I was just wondering how the (x) tick and (x) volume worked on ProRealTime.

    I thought that the number of ticks in a candle was the number of contracts traded, and so by using the (x) tick setting would mean that the volume for each candle could be set.

    However, this doesn’t seem to be the case with (x) volume seeming to do this instead, by determining a set volume per candle, as you can see in the examples below.

    (x) tick

    (x) volume

    Could someone please explain to me how these two settings work in ProRealTime?

    Thank you

    #149901 quote
    Nicolas
    Keymaster
    Master

    Ticks are not dependent to volume, you can clearly see it if you set your chart to 1-tick only.

    Bars are just constructed each time the defined amounts of ticks or volumes have been received from the market.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.

(x) tick vs (x) volume


Platform Support: Charts, Data & Broker Setup

New Reply
Author
author-avatar
Keelo981 @keelo981 Participant
Summary

This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
5 years, 3 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 11/07/2020
Status: Active
Attachments: No files
Logo Logo
Loading...