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brisbane queensland australia
Experience: None
Platform: multichart
Trading: currency futures
Posts: 58 since Oct 2018
Thanks Given: 0
Thanks Received: 5
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how is it determined if there's an uptick or downtick?
Has it been coded such that if there's a new higher bid price, it's counted as an uptick? But if there's a new higher ask price, it's not counted as an uptick?
If it's not coded this way, don't you think that would be erroneous since new bid prices are provided by liquidity providers only when there's a buy order? So when the ask price goes up without the bid price also going up, it's wrong to assume a buy order has occurred, no?
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