Collecting Bid, Ask, and Tick Times for Nonstandard Charts

Summary

The indicator collects real-time tick arrival times and Bid and Ask prices, displays the two price series in a subwindow, and can save collected observations to a tick file. It also supports keeping several nonstandard chart types active, including isochronous charts with periods from one second, range bars, and equivolume charts.

The description outlines several price constructions: charts based on Bid, charts based on Ask, and two combined representations using Bid and Ask extremes for opens and closes. These variants can show different views of price movement and spread-related extremes. The post describes data collection and charting capabilities, not a trading strategy or tested signal. It provides no evidence about data quality, execution, or predictive performance, and users should note that the combined price representations are descriptive constructions rather than demonstrated achievable trade outcomes.

Key ideas

• The indicator records tick arrival times alongside Bid and Ask prices and can save the observations.
• It displays Bid and Ask series and supports isochronous, range-bar, and equivolume charts.
• Chart representations can use Bid, Ask, or combinations of Bid and Ask extremes.
• The described tool collects and visualizes market data but provides no tested trading rules or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.