The value range of commission ratio is-100% to+100%, and+100% means that all commissions are being bought. The stock commission ratio of daily limit is generally 100%, and that of daily limit is-100%. The consignment ratio is 0, which means that the quantity of buying (consignment) and selling (pressure) is equal, that is, consignment: consignment =5:5. (When the ratio is 10).
Like MACD, RSI, KDJ and other indicators, commission rate is also one of the most common reference indicators for technical analysis of the stock market.
applied range
Futures trading, stocks, funds and spot.
Calculation method
The calculation formula of commission ratio is:
Commission ratio = (number of entrusted buyers-number of entrusted sellers)/(number of entrusted buyers+number of entrusted sellers) × 100%
Entrusted purchase quantity: the total number of all stocks in the last five files after entrusted purchase.
Number of consignment hands: the total number of consignment hands for the last five stocks.
Change range of commission rate
The range of commission ratio is-100 to+100.
When the commission ratio is-100, it means that only sales are made, which means that the sales in the market are very large;
When the commission ratio is+100, it means that there is only buying but not selling, which means that there is strong buying in the market.
When the commission ratio is negative, selling is greater than buying;
And the commission ratio is positive, indicating that buying is greater than selling.
The change of commission ratio from-100 to+100 is a process in which selling gradually weakens and buying gradually strengthens.
Index application
Commission ratio index
Commission index refers to the ratio of all orders above the quotation system, which is used to measure the relative strength of orders within a period of time.
When the commission ratio is positive and the commission ratio is large, it shows that the market buying is strong; When the commission ratio is negative and the negative value is large, it shows that the market selling is strong;
The commission ratio ranges from-100% to+100%, indicating a process in which buying is gradually strengthened and selling is gradually weakened.
On the contrary, from+100% to-100%, the process of buying gradually weakened and selling gradually strengthened.
Take an extreme example: because there is no pending order on the daily limit stock, its index must be+100%;
On the other hand, the index of daily limit stocks must be-100%.
Matters needing attention
(1) Generally speaking, the commission ratio indicator shows the imbalance of buying and selling intentions and cannot reflect the activity of stocks. Activity depends on the stock turnover rate. At the same time, it should be noted that the value of commission ratio is always changing.
(2) The commission rate indicator is not a real indicator. Because trading orders are revocable before trading, the commission ratio index can be artificially created. In the actual trading process, it is generally not suitable to rely solely on the commission ratio index for trading.
(3) With the development of computing technology, the dynamic change information of the withdrawal amount can be captured in time in high-frequency quantitative transactions, and based on this, the false pending orders can be preliminarily judged, and the real commission amount can be roughly calculated, thus improving the authenticity and availability of the commission proportion index.