Comment on Mr Consistent returning incredible returns
commented on
07 Jan 2014, 11:24 PM
Nithin,
Good luck with your tool development. I am super excited about the possibility of reducing my data cost if it suffices my need.
1. 10 Min OHLC is good enough for me but tick charts (esp fibonacci numbers like 133 , 512 tick charts) are very useful for daytrading..I am sure lot of your clients are daytarders and if you can offer them tick charts, it would be a good USP for you. Ubtil today, i am not aware of any charting software in India that can plot tick charts.
2. We can specify any number of tick size in the parameter box.
3. for 1 min chart, we can go as back as 5 years of data
4. Nope..esignal does not allow export of tick to csv.
For the benefit of others, Tick bars plot the price of each transaction. Tick bars differ from time-based bars because tick bars plot prices based on a transaction-by-transaction basis while time-based bars plot prices during a specified time period. A transaction can represent 100 shares, 200 shares, 1,000 shares, and so on. When plotting tick bars, price and number of ticks are the only factors used, as time and volume are not considered.