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Bid & Ask & Volumes

Posted: Wed Jun 13, 2012 12:29 pm
by vchm
Am I understanding properly, if I use the VIP tick data I get the REAL Bid and Ask (real spread)? This means that the volume information is redundant since I can calculate it from the amount of ticks/bar?

What exactly is contained in the data and what is derivated from this? I'm specially interested in:

Bid
Ask
Spread
Volume

Thank you

Posted: Thu Jun 14, 2012 3:51 am
by FT Support
Hello,

Yes, this is correct, we have real Bid and Ask values in the tick data subscription.

Note that the volume in this subscription type is calculated based on the number of ticks which actually reached to the terminal. So it can be a bit different with MT4 volumes on a chart, but the difference is not big, 0-3 ticks per minute can be skipped, so the difference between volumes in MT4 chart and our data will be around 0-3.

Sounds good.

Posted: Thu Jun 14, 2012 3:54 am
by vchm
Can I also expect the strategy to be called at real ticks, no approximation or something similar.

Thank you

Posted: Thu Jun 14, 2012 4:17 am
by FT Support
yes, if you run the strategy on tick data in Forex Tester then it will be called at exactly same time and price moments like in a real market.