Tams

EMA, MA, or zero-lag whatever is always useful to those who can benefit from it.

MA (and its variants) is the most useful indicator ever invented. but if MA cross is your signal, it is too late. you deserve to die. this is like watching the speedometer while driving towards a wall... if the speedometer reads more than zero when you reach the wall, you will have a crash. you do not need the speedometer to reach zero to confirm the crash. the speedometer is only an indicator, how you use it depends on the context. if you are a one trick pony, then you might as well be a donkey.

where do you hear this "referencing"?

this might be of interest to you MultiCharts: Trading Software for Automated Trading and Backtesting • View topic - STATISTICAL Analysis

ONE tick is ONE transaction. ONE transaction may consists of many contracts/share. eg. one person might buy 100 shares of IBM... that's one tick on the record. another person might buy 10,000 shares of IBM... that's also one tick on the record. when the data feed is aggregated, when 3 people buying 100 shares each might show up as 3 ticks of 100 shares, or 1 tick of 300 shares.

eSignal aggregates its quotes as well. It is in the small print of the user aggreement.

get the ebook EasyLanguage Essentials Programmers Guide go to Appendix A Volume Reserved Words Usage Tables.... pg. 133 read up on the difference between TICKS and VOLUME

when you create your chart, from the format instrument window, under the settings tab, you have an option to choose "Build Volume On:" 1. Trade Volume 2. Tick Count

... and I haven't even got to the legacy problem yet.

easylanguage is soooooo easy... there is really no need whatsoever for a course or paid workbook. Tradestation has been supporting its clients for over 20 years, both when it was a charting software, and now as a broker. They have more teaching experience than any charting software on the market. They have created a number of ebooks, they are free for download... if you have gone through those books and tried out the included examples, you should be good to go. if you have further questions, just post them on this forum and you will get lots of expert help. FREE.

are you looking for up tick / down tick? or up volume / down volume? just want to make sure you understand, most of the datafeed are aggregated. eg. IB sends its quotes out every 250~300 millisecond. if there are 3 trades (ie it should be 3 ticks) during a 300 ms time lapse, you might only get 1 tick reported from IB.

interesting question... a few people have asked me for this in the past few weeks. coincident? or the same people asking? I used to have a copy, but cannot find it anymore. :-(

why do you want to be concerned with up ticks and down ticks? who is your broker? what is your charting program? I ask, because up tick and down tick have different meaning (definition) to different people (program).

Buffett builds $10.7 billion stake in IBM http://news.yahoo.com/buffett-builds-10-billion-stake-ibm-123443864.html (Reuters) - Warren Buffett said his Berkshire Hathaway Inc has accumulated a 5.5 percent stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.

do you get the feeling that we are not impressed. have you ever wondered why? or are you still in denial?

interesting read: Financial transaction tax - Wikipedia, the free encyclopedia

I borrowed the following, because it applies to our trading too.

you can use globalvariable or ADE to trigger another instrument that is data1 on another chart.

you can only trade on data1

not timestamp, but in a event driven program, it "runs" on ticks. visualize it this way... there is a MACD indicator on the chart. if the price value has not changed, will the MACD values change? of course not, the MACD values will stay the same unless the price has changed. (if we push it, we can say "if" the bar has incremented). if there is no price change, there is no need to recalculate the MACD. thus in an event-driven program, if there is no new ticks, no recalculations will be made. ie. all the indicators will be sitting in idle... including the bar timer indicator. ps. if the bar timer is an indicator, it will be driven by the ticks. if the bar timer is a feature of the charting program, it will not be affected, it will continue to run in the background whether there is a new tick or not.

trading is like walking across the street. it can be deadly, but it doesn't have to be if you think it is risky crossing the street, you should not cross it.

if the bar timer is part of the charting program, then it should continue to run in the background. if the bar timer is an indicator, then it will wait for the next tick.

most of the charting software are event-driven programs. ie it will make an update if there is a new tick coming in, otherwise the program will just sit there in idle. you can have the fastest computer in the world, but if there is no new tick coming in, the computer would just sit there.

what is trend to you? how do you define your meaning of trend?

Wake up. you will be wasting your money.