As you probably know I am using IRT building market internals and trading a swedish index. I like to experiment and have a question about "Bid Tick Count" and "Ask Tick Count" that I found in custom column. This is not ordinary uptick/downtick?
Cheers and thanks for your help! :)
Ask Tick Count works hand in hand with Ask Volume. While Ask Volume is the amount of volume that traded at or above the ask price....Ask Tick Count is simply the number of trades that traded at or above the ask price. These "Ask Trades" are considered buying trades and contribute to buying volume. And on the other end, bid trades are considered selling trades and contribute to selling volume.
Below is a table that explains the 5 tokens related to bid and ask volume as well as their corresponding quotepage columns. These are system managed and are maintained for all symbols. These allow the user to access this data in scans very efficiently. By design, these tokens are all initialized to zero at the start of the session (IF Investor/RT is active at the time the session opens)
Users may also manually reset these tokens to zero at session open with the following scan...
SET(AVOL, 0) AND SET(BVOL, 0) AND SET(ATICK, 0) AND SET(BTICK, 0) AND SET(VDELTA, 0)
Additional info on these data items can be found at Quotepage Column Tokens