uptick/downtick vs bid/ask

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Updated July 28, 2021

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uptick/downtick vs bid/ask

July 26th, 2021, 01:03 PM	#1 (permalink)
rfghi Ft. Myers, Florida Elite Member Experience: Intermediate Platform: Ninja Trader Trading: oil Posts: 12 since Nov 2013 Thanks Given: 1 Thanks Received: 0	what is the difference in trading using the uptickdowntick or bid/ask?

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July 28th, 2021, 11:17 AM

#2 (permalink)

hedgeplay

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rfghi

what is the difference in trading using the uptickdowntick or bid/ask?

Here a general rule of thumb.

If your market data feed does not include Bid and Ask then use uptick / downtick.

Bid and Ask are seen as a stronger signal so if both are available use Bid / Ask and ignore uptick / downtick.

HedgePlay

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Last Updated on July 28, 2021

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