The Time and Sales (T&S) or Ticker Tape (TAPE) displays in real-time all executed orders, indicating the time stamp (hour, minutes, seconds), the volume traded and the price. The latter will take on red color if the executed order hits Bid or green if it hits Ask, indicating an order sell market that hits an order buy limit and an order buy market that hits an order sell limit.
INDEX
Setting Usage
To open the Time and Sales we need to click on the T&S button (top right), and we will see the tool we selected.
T&S settings
Click on the top Time and Sales wheel.
GENERAL
In this section you can change the database and text style, as well as its size.
Data Base
- Volume: Displays order volume.
- Aggregate: With algorithmic trading almost every single order is broken down into many small orders, through a proprietary algorithm, Time and Sales is able to reconstruct the original order allowing the user to have a greater understanding of the real market activity.
FILTER SETTINGS
In this section you can apply two different filters so as to highlight different types of orders depending on their size.
Specifically, if you apply a Filter 1 equal to 70, the T&S will show the executions above 70 contracts; if, in addition to that filter you apply a Filter 2 equal to 150, without enabling the appropriate checkbox Enable Filter 2, the T&S will show the executes between 70 and 150 contracts. While if you enable filter 2 with the appropriate checkmark, the T&S will show the executions between 70 and 149 contracts and the executions above 150 contracts with different colorimetries.
FILTER 1 and FILTER 2
In these sections you can customize the background and text color.
- Bid back color:
Edit the background of an order hitting the Bid;
- Ask back color:
Edit the background of an order hitting the Ask;
The same directions apply to changing the color of the text.
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