Proof TWS tick is broken for weeks and useless, misleading

Discussion in 'Retail Brokers' started by SoesWasBetter, Aug 31, 2017.

  1. truetype

    truetype

    How did your BTC-futures shorts of the past couple weeks turn out for you?
     
    #51     Feb 21, 2018
    SunTrader likes this.
  2. SunTrader

    SunTrader

    LOL
     
    #52     Feb 21, 2018
  3. Macca1

    Macca1

    IB tick & TD tick use a different internal calculation that causes discrepancies, so you can't except them to always be the same. Neither one is right or wrong . This has already been explained to you in thread, but you just can't seem to process it.
     
    #53     Feb 22, 2018
  4. SunTrader

    SunTrader

    Like shorting an uptrend.
     
    #54     Feb 22, 2018
  5. I'll tell you what I can process.

    The Ignore button. Bye!!
     
    #55     Feb 22, 2018
  6. tommcginnis

    tommcginnis

    You're in error here -- the IB NYSE-TICK regrettably is glued to using MARK as its displayed TICK value. The closest-but-easily-available would be MID, but no. And of course, there is always direct calculation, but.... no. Anyway, you can see this if you put NYSE-TICK on a QuoteMonitor contract line, and put MARK and MID next to each other. Put up a graph, or put NYSE-TICK on your TraderDashboard, and you'll see what's up.

    Freakin' sad.

    signed,
    tommcginnis
    IB toady-but-not-everyday......:(
     
    #56     Feb 22, 2018
  7. error? who? I never said they didn't calc it differently.

    not sure , no matter HOW diff it is, why some weeks its exactly the same and then it deviates. THAT makes no sense
     
    #57     Feb 22, 2018
  8. jharmon

    jharmon

    Given that NYSE-TICK include securities that really should be ignored (preferreds, debt, double-count multiple classes, various exchange traded products etc), the utility of this indicator is questionable.
     
    #58     Feb 22, 2018
  9. seeing a 350 point diff today. bullshit. prob both wrong
     
    #59     Feb 27, 2018