What is the difference between volume bars and tick bars?
-
Hello Newtrader101,
Thank you for creating your post with this question today.
A volume bar will be based on a specific number of units traded (also known as the volume). A bar will develop until the specified volume value is reached, once that level is surpassed, a new bar will be created and it will repeat as that level is surpassed once more.
A tick bar on the other hand is based on the number of ticks rather than units traded (volume). A bar will develop until the specified number of ticks is reached, at that point the next tick will result with a new bar formed and developing.
Here is a link that goes into additional details regarding this topic: Bar Types
Please do not hesitate to reach out to us with any other NinjaTrader inquiries in the future.
| Topics | Statistics | Last Post | ||
|---|---|---|---|---|
|
1 response
4 views
0 likes
|
|
|||
|
0 responses
7 views
0 likes
|
by ETFVoyageur
Today, 07:55 PM
|
|||
|
1 response
7 views
0 likes
|
|
|||
|
4 responses
246 views
0 likes
|
by john_44573
Today, 06:11 PM
|
|||
|
0 responses
14 views
0 likes
|
by reynoldsn
Today, 05:56 PM
|
Comment