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skunks

Registered: Jun 2012
Posts: 25

06-30-12 12:50 PM

Hello guys. Could you suggest what are that fence bars on a 100-tick chart and how to avoid them. It seems not all of them are related to news. May be its a result of algo-trading so the time of their appearance is unpredictable?
Or may be you know a good source of news that gives explanation to each of these babies:

babies.png
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Wallace

Registered: Aug 2003
Posts: 3053

07-01-12 01:52 AM

they're the result of volume spikes, put a Vol indicator on the chart and see
and they can't be avoided regardless - maybe - of chart type

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RangeTrader

Registered: Mar 2012
Posts: 705

07-01-12 04:08 AM

Your data feed is screwy...

Here is the proper GCQ2 feed for that day...

properfeed.png
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RangeTrader

Registered: Mar 2012
Posts: 705

07-01-12 04:28 AM

Honestly... Did you even bother to check the GCQ2 100 tick chart on your data feed before saying that?

NOTHING moves like that ever...

Each one of those bars has the EXACT same levels for multiple candles with a WIDE range of movement.

Quote from Wallace:

they're the result of volume spikes, put a Vol indicator on the chart and see
and they can't be avoided regardless - maybe - of chart type

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skunks

Registered: Jun 2012
Posts: 25

07-01-12 10:11 AM

That's strange. What is your datafeed?
Mine comes from Infinity / TransAct.
May be that's a bug of Sierra chart.

I had a bad luck of my stop executed on one of them near the very top (but not exactly).

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skunks

Registered: Jun 2012
Posts: 25

10-30-12 05:43 PM

The problem is solved now.

It was due to combination of 2 settings in Sierra Chart:

1) Intraday Data Storage Time Unit was 1 Second, not 1 Tick.
2) Split Data Records in Chart Settings

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