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Cummulative bids and offers
Posted: Mar 30 2006
by reitberg
Is it possible to chart the cummulative offer sizes and cummulative bid sizes in multicharts? I am using the IB feed and I want to be able to chart the size information from the market depth on futures contracts.
Note: I DO NOT need to chart prices of bids and asks, I just need the SIZES. Thanks
Posted: Mar 30 2006
by Alex Kramer
This is possible with additional scripting, cumulative offer/bid sizes are not supported by the present MC functionality.
Posted: Mar 30 2006
by Guest
Are you saying this is possible to achieve with powerlanguage ?
This is possible with additional scripting, cumulative offer/bid sizes are not supported by the present MC functionality.
Posted: Mar 30 2006
by Guest
Alex, are you saying that this functionality will become available in a later build of MC?
Posted: Mar 31 2006
by Alex Kramer
This is possible through PowerLanguage scripts; the code must accumulate the volume to be charted.
As to your second question, we're not planning to include this in MultiCharts.
Posted: Mar 31 2006
by Guest
Please enlightened me,
how is this possible via powerlanguage scripts when we cannot get market depth into multicharts.
If we plot bid and ask for a symbol, we may be able to get the size or ticks for the best bid and best ask. But how to get size for bid-1, bid -2, ask+1, ask+2 etc ?
This is possible through PowerLanguage scripts; the code must accumulate the volume to be charted.
As to your second question, we're not planning to include this in MultiCharts.
Posted: Apr 03 2006
by Alex Kramer
I meant that it's possilbe to create an ask or bid chart and accumulate its volumes - ok, maybe we just misunderstood each other, please comment if this is important.
Posted: Apr 04 2006
by reitberg
Alex,
I think that having the ability to create indicators for the bid and ask sizes in the market depth of a stock or futures contract would be incredible! Very few charting platforms allow you to do this, but it is a feature that many experienced programers want to see in a charting platform.
For now, I am using the universal DDE link in excel to take the cummulative bid and ask from a spreadsheet that is linked to my IB TWS. This gets the job done, but it would be nice to eliminate the spreadsheet.
Thanks
Posted: Apr 04 2006
by Alex Kramer
Thanks for the interest and the proposal, I can tell one thing about our plans - that what we intend to do in the area of accumulating data is add synthetic symbols.
Posted: Apr 04 2006
by reitberg
Synthetic symbols sounds like an excellent idea, Alex. Thanks for the information!
Posted: Jun 25 2007
by reitberg
I am curious to know if "Synthetic symbols" are going to be added to MC?
Posted: Jun 25 2007
by Kate
Yes, we are planning to add synthetic symbols in the future.