Volume Bar Charts

Quote from piranhaxp:

Multicharts is going the same way like you explained. But it's not my point. It's not the question who is going the right way ! The question is which way you prefer !

Separated volume is hard to be analyzed correctly. In 73.81% it gives you unrealistic OPEN & CLOSE, which could lead into wrong HIGH's & LOW's ... I don't want to say it's wrong. Just saying "unrealistic".

The realistic and best practicable way is to cut volume which is is an overhang for each bar. Because you can't trade an open of a new bar from separated volume if the next possible trade is higher or lower compared to the open. Worst case "open" is high or low of the bar. So in my opinion.

You can discuss it the next ten years. There were so long discussions running for years and there's still no answer ... It's just what you prefer.

SO PLEASE DON@T CALL ANY SOFTWARE TO BE WRONG OR RIGHT. It's bullsh..... And who is complaining about missing ticks in volume charts is on the totally wrong way. Missing ticks means in 99% of the cases that different ticks were combined into one tick, but the volume traded is correct and the same ... Just saying.

Have a nice weekend.
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The ghouls in the bars usually are missing price points, around other trades at the same price. So, yes, volume may be captured, but the price is incorrect. You have to go back and edit those and get rid of the ghouls.
 
Quote from tenthousandmen:

just a quick followup for the possible critism I might get.....

Renko charts in NT do NOT work. Nor does backtesting anything but minute and volume bars. Strategy development in NT alone is difficult, but you should be using other programs if you are able to make profitable automation anyways.

Backtesting limit orders does not work, but most compensate this by adding slippage to market orders. Its strange that this bug has been around for awhile - its like they dont know how to fix it.

There are a few other bugs, all very minor to this, related to strategy analyzer. I have found no bugs in charting (besides renko and kagi charts), and none in order execution. Running a completed program trading live is nice because it can route it to multiple brokers, something I ahvent seen at all in retail platforms.

Other platforms have the same level of problems since this is not mainstream software. Ninja has an apparent problem with poorly managing bad developers and not using an industry standard development workflow. With their user base, I would expect different, such as getting a quality check from an outside firm, or cleaning house and getting fewer better developers. Anyone who knows anything over there knows that two A developers are more efficient than 20 second rate developers.
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NT also doesn't have portfolio simulations, making strategy system development on individual contracts possible, but does not help any when it comes to multi-strategy risk management.
 
I don't care if it's Russian! It's better than Tradestation!

THIS IS ME PLAYING MY VIOLIN!

Aflat, fsharp,g

Here, THIS IS ME PLAYING MORE OF MY VIOLIN!

Aflat,fsharp,b
 
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