what's a tick in ninjatrader ?

Discussion in 'Trading Software' started by Wallace, Jul 28, 2009.

  1. a 50 tick chart of 6E, mouse wheel click under the price bar and it displays
    time, ohlc and volume - always greater than 50

    i read 1 tick = 1 trade, is the volume related to the number of contracts per trade/tick ?

    and the bid/ask quantities on the Chart Trader (?) panel, are those executed trades ?
  2. NinjaTrader_Ray

    NinjaTrader_Ray ET Sponsor

    The volume is related to the 50 tick bar. In short:

    - 50 ticks (individual trades) creates each bar
    - Volume is an aggregate vale of the trade size of those 50 trades that make up the bar