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Profile: thnkbigr
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User Name: thnkbigr
Groups: Member, Platinum User, TeleChart
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Joined: Friday, March 31, 2006
Last Visit: Sunday, October 22, 2017 12:24:16 AM
Number of Posts: 2,915
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Last 10 Posts
Topic: Sell the same day
Posted: Tuesday, October 10, 2017 2:15:37 PM

How do i check the install date 

 

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 2:06:54 PM

I am on an hourly chart which means 7 bars per day so even with 5000 bars I should have almost 3 years of data 

5000 / 7 = 714 

714 / 252 = 2.8 years 

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 1:53:56 PM

I am familiar with that but I almost never use intraday data so I have no idea how far back it is downloaded in my computer. 

when I set the data to 5000 the intraday chart on the hourly only goes back to early June does that mean  that's all I have  

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 1:38:14 PM

How do i know how far back of a intraday data I have downloaded

and whats the max I have have 

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 1:32:02 PM

I see 

thx

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 1:19:18 PM

Bruce 

As I am checking the trades i see some that the 4:00 close on the hourly time frame is diff than the close on the daily time frame

For ex on the chart I shared look at ANET on 8/4 Gap up. When you turn the cursor on so that it shows the value of the indicators in the box you can see that the close on the hourly chart at 4:00 is 172.69 while the close on the daily is 172.05

Why is this 

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 12:58:59 PM

Oh I see

Had no idea the backscanner has its own timeframe 

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 12:46:44 PM

I did 

When i do that it returns no trades 

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 11:28:16 AM

Bruce 

Pls take a look at the chart I just shared in V4 under Gap Test 

I have the chart on a 1 Hour time frame 

I have plotted Price with diff time frame as an indicator and thats set to 1 Day 

I then plotted the ATR on the Price with 1 Day time frame indicator so that the ATR is being plotted using the Daily price rather then hourly which is the main time frame on the chart.

I then created a Buy condition using the Price with the 1 Day time frame dragged in the rule with its ATR

and the End of Day condition you mentioned above as a sell condition

In the backscanner I have the Buy set to Buy at Open 0 Bars from now and the End of Day as Sell at the Close 0 Bars from now

As you can see when you look at the trades and we can use AAPL's 8/2 Gap as an example It buys at the open of 8/2 but it doesn't sell until close of 8/3

Where am I going wrong here 

 

 

Topic: Sell the same day
Posted: Tuesday, October 10, 2017 11:04:00 AM

One of the available Library Conditions is called End of Day and should be usable to exit the trade on the last intraday bar of the trading day.

In order for the above to work do i have to be on an Intraday time frame?