Volume Bars vs. Tick Bars
Posted: Fri Oct 24, 2008 3:05 pm
I have been working on my charts if you had any thoughts on volume bars vs tick bars.
Also, I was curious which tick (or volume) increments you have found valuable in US (and ES?) analysis. 3600 ticks for US still seems to give 4
to 6 bars a day. (But fell to only 2 bars/day in the holidays.) Similarly, do you use tick data to chart ES - in order to capture O/N trading on your
intraday charts? I seem to recall that most of the references in the lessons say to include the O/N data, but a some charts only used day session
bars. Hopefully I didn't miss anything on PL.com or in the forums that covers these questions.....
JG
Also, I was curious which tick (or volume) increments you have found valuable in US (and ES?) analysis. 3600 ticks for US still seems to give 4
to 6 bars a day. (But fell to only 2 bars/day in the holidays.) Similarly, do you use tick data to chart ES - in order to capture O/N trading on your
intraday charts? I seem to recall that most of the references in the lessons say to include the O/N data, but a some charts only used day session
bars. Hopefully I didn't miss anything on PL.com or in the forums that covers these questions.....
JG