(x) tick vs (x) volume

Keelo981 · Sat, 07 Nov 2020 15:28:27 +0000

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

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Nicolas.

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11/07/2020 at 4:28 PM #149786

Keelo981

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

Keelo981
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11/09/2020 at 2:12 PM #149901

Nicolas

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.

Nicolas
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