I have a question for those using IB datafeed with Quotetracker. I seem to have a problem with the volume numbers. This is an example form today (3/5): SPAR volume showed 19800 on the quote page right after the open. This seemed strange so i looked at the T&S. There had only been three trades at this time which were 1500, 400, 200, for a total of 2100. However on the quote page it was still saying 19800. So i changed the T&S to display in absolute form which shows the gradual accumulation of each print. And the numbers changed to 19200, 19600, 19800. So where did this first number of 19200 come from when the first print was only 1500. This seems to happen with a number of the stocks but not all. As you can assume this is clearly affecting the Vol% column signals that i am getting. Is anyone else experiencing this too, or know how to change it.
Hey TD... I had the same issues; finally gave in and had to subscribe to esignal...my only O/S issue now is that we have a firewall at work and esignal cannot feed thru it without "ahem" authorization....
IQfeed is cheap and works well with quotetracker. It also works with wealth-lab developer if you use that. Very affordable solution if your not ready for qcharts. - Monkman
Did SNCR indicate an entry signal today? According to the WealthLab scan and chartscript, SNCR was in dryup, with a lower band dryup volume of about 57,000. The lower band dryup volume was exceeded by 10:00 AM EST. The MACD was positive and the Stochastic exceeded 80 at 11:00 AM EST, which was the last part of the signal. FRV was exceeded by EOD, with a total volume of 250K being more than three times the dryup volume. So am I correct there was a signal to enter SNCR today according to the Jack Hershey methodology at about 11:00 AM EST?
If SNCR found itself in Dry Up Sunday Night (and if Price at time of signal was above the previous day close), then based on the 'Beginner Methods' of Journal One, Yes. - Spydertrader
Thanks, Spyder. That's what I thought. There was significant price improvement over the close of the previous day at the time of the signal. However, SNCR fell back and closed only 0.02 better than the close of the previous day. After hours, though, it's up about 2%.
With this funky market, I've been sitting out, catching up on reading the futures thread and practicing drawing channels.. A lot of what is discussed there is really helping out my channel drawing in RT in stocks.