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MultiCharts + CQG = strange "Sell x Buy Volume" chart

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  • MultiCharts + CQG = strange "Sell x Buy Volume" chart

    Hello guys,

    I have a question. I downloaded and installed MultiCharts NET64 Special Edition platform with CQG demo datafeed to test it. And I was surprised that bid-ask charts looks strange. I tried to compare with another platform — Tigertrade (+ Rithmic datafeed). I made two screenshots to show you that problem. As you can see total cluster volumes (ask plus bid) are the same on the left and right, but bid and ask are different in 90-99% of clusters. How can it be?

    on the left side — MultiCharts + CQG | 5minute Volume Profile | Sell x Buy Volume
    on the right side — Tigertrade + Rithmic | 5minute Bid x Ask Chart

    I also tried to change the settings in MC from "Ask vs Bid Traded Delta" to "Up vs Down Tick Delta" with no luck — charts doesn't look the same.
    Please help me, may be I missed something .

    P.S. sorry for my english.

    hi-res screenshots are here
    https://imgur.com/pOzKk6W
    https://imgur.com/TENnt1Y


    Click image for larger version  Name:	MC vs TT updowntick.png Views:	0 Size:	720.2 KB ID:	7705
    Click image for larger version  Name:	MC vs TT askbidtraded.png Views:	0 Size:	721.7 KB ID:	7704
    Last edited by dibser; 07-22-2019, 10:08 AM.

  • #2
    Rithmic and CQG are different datafeeds and as such there will be differences in how they digest and display incoming data. i notice that Cqg had a few more trades entered but outside of that the somewhat mirror each other. Im not sure what else to tell you as there is no "fix" for this as they are both functioning properly.

    Comment


    • #3
      Support is right..data can vary form feed to feed. But from the example you posted they look almost spot on.

      Comment


      • #4
        Dibser…..how did you get the chart to that in the first place? Do you mind sharing what to do to get that look, what chart type, etc.....

        Comment


        • #5
          Originally posted by Support View Post
          Rithmic and CQG are different datafeeds and as such there will be differences in how they digest and display incoming data. i notice that Cqg had a few more trades entered but outside of that the somewhat mirror each other. Im not sure what else to tell you as there is no "fix" for this as they are both functioning properly.
          Thanks for your replies guys.

          Yes I understand that datafeeds can have some differences but never thought that it could be soooo different . Today I tried to go deeper and installed demo of ATAS platform. I dont know what datafeed they are using in demo, but the bid-ask chart looks the same as bid-ask chart in Tigertrade. Please see screenshot below.

          I also found old thread at MultiCharts forum where developer said that "Historical IQFeed data is provided with at bid / at ask information. Historical data for all other data providers and realtime data is calculated on MultiCharts end by comparison of ask/bid/trade data series"— https://www.multicharts.com/discussi...4086767#p64066

          Maybe MC just can't properly interpret this bid-ask info?

          Click image for larger version  Name:	Screenshot (1190).png Views:	0 Size:	630.3 KB ID:	7730

          Click image for larger version  Name:	bidaskchartscomparison.png Views:	0 Size:	135.8 KB ID:	7731
          Last edited by dibser; 07-25-2019, 04:32 PM.

          Comment


          • #6
            Originally posted by GaOwl1 View Post
            Dibser…..how did you get the chart to that in the first place? Do you mind sharing what to do to get that look, what chart type, etc.....
            Settings tab
            chart type — regular
            resolution — 5 minute (for example)
            quote field — trade
            build volume on — trade volume
            show delta checkbox — off

            Style tab
            chart type — invisible bars

            Volume profile tab
            show volume profile checkbox — on
            type — buy vs sell volume
            breakdown by — ask vs bid traded delta
            time — every 1 bar
            style
            Up OC — visible
            Down OC — visible
            display text — sell x buy volume

            Comment


            • #7
              Thank you for sharing that info, I got it to work finally on reg minute charts, will it work with any other type of chart style???

              Comment


              • #8
                Originally posted by GaOwl1 View Post
                Thank you for sharing that info, I got it to work finally on reg minute charts, will it work with any other type of chart style???
                I'm using it with regular chart type, so I don't know

                Comment

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