Re: Bad ticks

["david b. stanley" <davestan@xxxxxxxxxx>]

You didn't mention if your system was mechanical or descetionary.
Since you are trading index futures, a bad tick is usually
off by 100.00 or more. Anything less is often an FOMC announcement,
an opening gap, or a real poorly placed stop on the minis.

If you are charting anything other than 1-tick charts, the H or L of the bar
should be the bad tick.
Define bad ticks.

vars:BadTick(0);

if (absvalue(H-H[1])>=100
or absvalue(L-L[1])>=100
then BadTick=1 else BadTick=0;

Then nest the code that you do not want to execute on a bad tick.....

if BadTick=0 then begin
   ...your code
end;

In some cases, you may want to create synthetic values for indicator varibles
when bad ticks occur.