Ib Feed For Tick Charts

[vikingdj]

Does anyone know is there any comparable chart for a 2500 tick chart since IB doesnt have tick feed. Can I use volume charts with IB?

[NinjaTrader_RJ]

Does anyone know is there any comparable chart for a 2500 tick chart since IB doesnt have tick feed. Can I use volume charts with IB?

Unfortunately volume charts are created with tick data as well. You will have to let volume charts build themselves with incoming data.

Go to Tools --> Options --> Data --> Store real time bar data.

See this link for more information: http://www.ninjatrader-support.com/HelpGuideV6/Data.html

[cherriman]

IB does have tick data but it's not accurate; I believe they send 'tick' data about every 0.2-0.3 seconds. Certainly their 3- and 5-minute data charts can be extremely inaccurate.

I've never checked if their end of day volume totals are correct but suspect not.

Eric

[zoltran]

Typically volume charts built with R/T IB data are fairly close to other services.

IB does send it's R/T feed in .2 sec snapshots
It will aggregate all the ticks into this snapshot. For example .. if there were 5 trades during this .2 sec period, IB will report this as 1 tick
However the volume for all 5 trades will be reported accurately.


The real problem is when you need historical backfill. NOTHING matches what IB does with it's RT stream.... even IB's own backfill/historical service reports it differently.
This will really mess up tick charts, but volume charts are less affected.

I use IB for my R/T feed and OTfeed or IQfeed for historical backfill and the volume charts are close enough for my style of trading.

Be aware that Ninja has a terrible habit of reloading historical data when it doesn't need to, and wiping out your carefully collected R/T data.
No other charting program does this, and I really hope they fix it in NT7

[cherriman]

I have an IB Sim account and run two feeds - one to my laptop, another to my desktop. The aggregated volume generally differs between them even if the time is exactly the same. The difference can be significant.

[vikingdj]

Thanks guys for your replys... appreciate your help......

[zoltran]

yeah...
a) this happens with every feed, for all sorts of reasons.
b) sim accts act very different to real