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newinvestorlearning
Posted : Friday, September 14, 2007 6:49:26 PM
Registered User
Joined: 8/4/2006
Posts: 66
I'm MegaMinutes user. I'm trying to write a strategy that opens position if opening gap is higher than certain % and then closes position if Gap is filled (Or by end of day if gap still is open).

I'm using 5 mins time frame. The problem is trying to mix two different time frames.
I want to close position if price (5 min chart) reaches prior daily close.

Please help.
Thanks
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Jared_C
Posted : Friday, September 14, 2007 7:03:05 PM

Worden Trainer

Joined: 10/7/2004
Posts: 74
Dear NewInvestorlearning,

With the current set of Blocks there is not a way to use two different time frames. However, if you want to use the pre-release version there is a block called "Sync Time Frames" which will help you with this strategy.

To get the pre-release version please visit the following link.

http://www.worden.com/training/default.aspx?g=posts&t=25230
newinvestorlearning
Posted : Friday, September 14, 2007 8:28:17 PM
Registered User
Joined: 8/4/2006
Posts: 66
Worked as expected. Thanks a lot.

One more quick question: If I use 5 Mins time frame, my chart and strategy works only from March 2007. Hourly Chart goes to 2003 so my mega minutes dvd is installed correctly.

How can I check my strategy on Indexes (QQQQ or SPY) for couple of years. Also do you guys have plan to give prior years data (2002 and before)?
Jared_C
Posted : Friday, September 14, 2007 8:36:17 PM

Worden Trainer

Joined: 10/7/2004
Posts: 74
The first thing to do is go and check your settings under the strategy tab. Make sure the test period is set to more than 6 months.

Also, I don't know of any plans to include minute data before 2003. One of the things that we have to think about when offering data is storage space. 5 years of minute history is 3 billion data points and seveal gigs in size.
newinvestorlearning
Posted : Saturday, September 15, 2007 2:00:10 AM
Registered User
Joined: 8/4/2006
Posts: 66
Strategy Time is set to 5 years.
Also when I scroll left my 5 mins chart it just goes to March 2007.

Weird thing is that if I use Hourly Chart it goes to 2003, which is correct.
Jared_C
Posted : Saturday, September 15, 2007 11:09:56 AM

Worden Trainer

Joined: 10/7/2004
Posts: 74
Dear Newinvestorlearning,

You may be having a technical issue. Please call our tech support line at 919-408-0542 or email support@worden.com. They should be able to provide a solution for you quickly.
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